"An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto." - is the objective to enact the Insolvency and Bankruptcy Code 2016.
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Adv. Deepraj has represented a plethora of cases before the NCLT/AT representing either side i.e. Applicant or the Corporate Debtor. Deepraj may assist in the following:
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Negotiations with creditors for settlements and restructuring;
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Insolvency Litigation: insolvency/ liquidation/ bankruptcy proceedings before the court (NCLT/DRT) through Insolvency and Bankruptcy Code 2016;
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Advisory before and after the initiation of insolvency proceedings.
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