Insolvency & Bankruptcy

Facets Legal advises creditors, corporate debtors, resolution professionals, and stakeholders across all stages of the Insolvency and Bankruptcy Code. Our team assists in insolvency initiation, representation before NCLT/NCLAT, drafting and vetting of resolution plans, and guiding clients through restructuring or liquidation. With a practical grasp of the financial realities surrounding distressed entities, we support clients in navigating time-bound IBC processes effectively.

Our Services

• Initiation and defence of CIRP proceedings
• Representation in NCLT, NCLAT, and related forums
• Assistance to Resolution Professionals in regulatory compliance
• Filing, verification, and management of claims
• Advisory on restructuring, settlements, and pre-packaged insolvency
• Liquidation processes, asset realisation, and distribution

Our IBC practice is known for its understanding of commercial strategy, creditor-debtor dynamics, and statutory timelines, enabling clients to participate meaningfully in insolvency processes and achieve workable resolutions.