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Practice Area

Insolvency & Bankruptcy (IBC)

Advisory and representation in proceedings under the Insolvency & Bankruptcy Code, including corporate restructuring and distressed asset transactions.

NCLT High Court
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At a Glance

A significant aspect of the firm’s practice involves advising on proceedings under the Insolvency & Bankruptcy Code (IBC). The firm has represented stakeholders before the National Company Law Tribunal, High Courts and other forums in matters involving complex legal and commercial issues.

Scope of Work

What this practice covers.

01

Insolvency & Bankruptcy Code (IBC) proceedings

02

Insolvency resolution

03

Corporate restructuring

04

Distressed asset transactions

05

Mergers and acquisitions in a distressed context

06

Representation of stakeholders before the NCLT

Forums

Where these matters are heard.

National Company Law Tribunal

The tribunal constituted under the Companies Act, 2013. Hears corporate insolvency resolution under the IBC, oppression and mismanagement, mergers and company law matters.

Official site

Punjab & Haryana High Court

The common High Court for Punjab, Haryana and the Union Territory of Chandigarh. Hears writ petitions, appeals, revisions and constitutional challenges.

Official site
Primary Sources

The official material behind this practice.

India Code Official Government of India repository of all Central Acts, with amendments and subordinate legislation. Insolvency and Bankruptcy Board of India (IBBI) The regulator under the Insolvency & Bankruptcy Code — regulations, circulars and orders. National Company Law Tribunal (NCLT) The forum for corporate insolvency and company law matters — cause lists, orders and filing procedure. eCourts — Judgments and Orders Searchable judgments and orders of the Supreme Court and the High Courts.
Advocate Harsh Goyal, Founder & Managing Partner of HDM Juris LLP
Practice Led By

Advocate Harsh Goyal

Founder & Managing Partner · B.Com / LL.B.

Enrolled with the Bar Council of Punjab & Haryana in 2013, with over 13 years of experience in litigation and legal advisory before the Punjab & Haryana High Court, NCLT, DRT and Commercial Courts.

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Other Practice Areas
01 Corporate & Commercial Litigation 03 Banking & Finance 04 Commercial Dispute Resolution 05 White Collar Defence 06 Company Law 07 Constitutional Law 08 Civil & Criminal Litigation 09 Arbitration 10 Regulatory Advisory 11 Legal Due Diligence & Legal Audits 12 Tax Matters
Frequently Asked

Questions about Insolvency & Bankruptcy.

Which forum hears insolvency matters under the IBC?
Corporate insolvency matters under the Insolvency & Bankruptcy Code are heard by the National Company Law Tribunal (NCLT). The firm appears before the NCLT, and before High Courts and other forums where related proceedings arise.
Does the firm act for creditors as well as corporate debtors?
The firm has advised and represented companies, promoters, directors, investors, banks, Asset Reconstruction Companies (ARCs) and financial institutions, which places it on both sides of insolvency proceedings depending on the engagement.
Does the practice cover distressed asset transactions?
Yes. Alongside IBC proceedings, the practice covers corporate restructuring, mergers and acquisitions, and distressed asset transactions, including matters relating to stressed assets and the enforcement of security interests.
Enquiries

Discuss a Insolvency & Bankruptcy matter.

Share a brief outline and the firm will revert with the appropriate point of contact.

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