Insolvency & Restructuring

Novation Legal provides comprehensive legal services in insolvency, restructuring, debt resolution, and corporate distress matters. Our lawyers advise companies, creditors, financial institutions, promoters, investors, resolution professionals, and other stakeholders navigating proceedings and transactions under the Insolvency and Bankruptcy Code (IBC).

Financial distress can create significant legal, commercial, and operational challenges for a business and its stakeholders. Insolvency proceedings may affect management control, creditor rights, business continuity, assets, contracts, and long-term commercial relationships. At Novation Legal, we help clients understand their legal position, evaluate available options, and develop strategies designed to protect their interests and achieve commercially appropriate outcomes.

Our insolvency and restructuring practice covers IBC advisory, corporate insolvency, proceedings before the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT), creditor advisory, resolution plans, debt restructuring, and insolvency litigation.

We advise creditors on available remedies, initiation of insolvency proceedings, claims, recovery strategies, participation in the insolvency resolution process, and evaluation of resolution proposals. We also assist corporate debtors and promoters in understanding their rights and obligations and developing appropriate strategies in response to financial distress and insolvency proceedings.

Resolution and restructuring often require careful assessment of financial, contractual, operational, and regulatory considerations. Our lawyers work closely with clients to understand the underlying business and financial circumstances, assess legal risks, and structure practical solutions. Where appropriate, we assist with negotiations, restructuring arrangements, resolution plans, and related documentation.

We represent clients in proceedings before the NCLT, NCLAT, and other appropriate forums in matters arising from insolvency and restructuring. Our approach combines detailed legal analysis with an understanding of commercial objectives, helping clients navigate complex proceedings while protecting their legal and financial interests.

Whether you are a creditor seeking recovery through the IBC, a company facing insolvency proceedings, an investor evaluating a distressed opportunity, or a stakeholder involved in a resolution process, Novation Legal provides strategic, practical, and client-focused legal assistance throughout the insolvency and restructuring process.

Our Insolvency & Restructuring Practice

IBC Advisory

Novation Legal advises creditors, corporate debtors, promoters, investors, and other stakeholders on legal issues arising under the Insolvency and Bankruptcy Code. We assist clients in evaluating available remedies, procedural requirements, strategic considerations, and potential outcomes associated with insolvency and restructuring matters.

Corporate Insolvency

Corporate insolvency proceedings can significantly affect a company's operations, management, assets, and stakeholder relationships. We advise clients on the legal and strategic aspects of corporate insolvency, including initiation and defence of proceedings, claims, creditor rights, and issues arising during the corporate insolvency resolution process.

NCLT / NCLAT Proceedings

Our lawyers represent clients in insolvency and restructuring matters before the National Company Law Tribunal and National Company Law Appellate Tribunal. We assist with applications, objections, pleadings, interim relief, appeals, and other proceedings arising under the IBC and applicable corporate laws.

Creditor Advisory

Novation Legal provides strategic advice to financial and operational creditors throughout the insolvency process. We assist with assessment of claims, initiation of proceedings, participation in the resolution process, creditor rights, voting considerations, resolution proposals, and enforcement strategies.

Resolution Plans

We advise stakeholders involved in the preparation, evaluation, negotiation, and implementation of resolution plans. Our lawyers assist clients in assessing the legal structure and implications of proposed plans, contractual arrangements, stakeholder rights, regulatory considerations, and implementation requirements.

Debt Restructuring

Debt restructuring can provide businesses with an opportunity to address financial distress and reorganise their liabilities. Novation Legal advises companies, lenders, creditors, and other stakeholders on restructuring arrangements, revised repayment structures, settlement mechanisms, security considerations, and related legal documentation.

Insolvency Litigation

Insolvency proceedings may involve complex disputes concerning creditor claims, transactions, management decisions, resolution processes, and stakeholder rights. Our team represents clients in insolvency-related litigation and appeals, developing legal strategies based on the facts, applicable law, and commercial objectives of each matter.