CORPORATE • REGULATORY • LEGAL • BUSINESS ADVISORY
Insolvency proceedings and business restructuring documents
CORPORATE REGULATORY SERVICES

Insolvency-related Proceedings

Strategic Solutions for Distressed Businesses.

IBC and tribunal expertise

Support for relevant insolvency proceedings.

Resolution-focused approach

Connect legal steps with restructuring and recovery objectives.

Stakeholder protection

Consider rights, evidence and process responsibilities.

End-to-end representation

Coordinate preparation, proceedings and follow-through.

SERVICE OVERVIEW

Proceedings informed by the facts and the objective

An informed regulatory plan starts with the facts of your product, activity and operating model.

Insolvency-related proceedings may involve the NCLT, NCLAT, creditors, resolution professionals and other stakeholders. The appropriate course depends on the process, the financial position and the relief sought.

Early organisation of financial records, claims, notices and prior actions helps establish the issues and coordinate a focused strategy for the relevant proceeding.

OUR SERVICES

How we support insolvency-related proceedings

A coordinated set of regulatory workstreams, tailored to the activity, evidence and outcomes you need to address.

01

NCLT and NCLAT proceedings

Coordinate case preparation and representation in relevant matters.

02

Creditor applications and responses

Organise supporting records for applications, replies and objections.

03

Resolution plan support

Review process documents and coordinate stakeholder input.

04

Restructuring and settlement

Assess potential consensual or process-based resolution options.

REGULATORY LANDSCAPE

Know the framework behind each decision.

Procedural rights, forum and relief depend on the nature and stage of the matter. Representation and outcomes remain subject to the applicable process and tribunal decision.

Talk to our regulatory team
KEY LAWS & FRAMEWORKS

A considered view of insolvency-related proceedings

The specific rules, notifications and authority directions should be confirmed for each matter.

  • Insolvency and Bankruptcy Code, 2016

    The statutory framework governing relevant corporate insolvency processes.

  • NCLT and NCLAT procedures

    Tribunal rules and directions relevant to filing and hearing processes.

  • IBBI regulations

    Regulations applicable to insolvency processes and relevant professionals.

  • Case-specific directions

    Orders, notices and process milestones must be reviewed for each proceeding.

WHO WE ASSIST

Support shaped around your role

We work with organisations and stakeholders navigating insolvency-related proceedings questions at different stages of operation.

Corporate debtors

Companies responding to or participating in insolvency proceedings.

Financial and operational creditors

Creditors assessing claims, applications and recovery routes.

Resolution applicants

Parties reviewing eligibility, process materials and plan requirements.

Directors and other stakeholders

People coordinating records, decisions and participation in a process.

OUR APPROACH

A clear process from assessment to follow-through

Each engagement is scoped to the relevant activity, available records and decision milestones.

  1. 01

    Review notices and case status

    Establish the forum, process stage, deadlines and relief involved.

  2. 02

    Organise the evidence

    Compile financial records, contracts, claims and prior correspondence.

  3. 03

    Set the case strategy

    Identify issues, supporting material and required specialist inputs.

  4. 04

    Prepare and represent

    Coordinate submissions and representation through the process.

  5. 05

    Follow through

    Track directions, orders, agreed actions and implementation requirements.

KEY CONSIDERATIONS

Plan for the details that shape compliance

Addressing these points early can help reduce avoidable delays and keep responsibilities clear.

Protect response deadlines

Notices and tribunal directions require prompt review.

Substantiate claims

Reconciled financial records and supporting documents are important.

Coordinate stakeholder positions

Different interests may need distinct advice and representation.

Consider practical outcomes

Process strategy should account for recovery, continuity and implementation.

SERVICE-SPECIFIC VIEW

Common insolvency proceedings

Use this high-level guide to organise the initial review. Applicability depends on the facts and current requirements.

ProceedingPrimary focusTypical participants
CIRPResolution of a corporate debtorDebtor, creditors and resolution professional
Pre-packaged processResolution for eligible MSME debtorsDebtor and creditors
LiquidationRealisation and distribution of assetsLiquidator and stakeholders
Appeal or related applicationReview of a relevant order or process issueAffected parties and tribunal

This summary is for general information and does not replace advice on a specific product, project or regulatory matter.

FREQUENTLY ASKED QUESTIONS

Insolvency-related Proceedings: common questions

Answers to help you frame an initial conversation. The applicable position should be confirmed for your circumstances.

Have another question? Contact us
Which tribunal handles corporate insolvency proceedings?

Relevant corporate insolvency matters are generally before the NCLT, with appeals before the NCLAT, subject to applicable law.

Can a creditor initiate insolvency proceedings?

The availability of a process depends on eligibility, the debt, default and statutory requirements.

What records help prepare for a proceeding?

Relevant notices, agreements, statements, claims, corporate records and a chronology of events are useful.

Can you represent both creditors and debtors?

The engagement scope is tailored to the client and conflict checks; each party's interests are addressed separately.

LET'S DISCUSS YOUR REQUIREMENTS

Move forward with a clearer regulatory plan.

Tell us about your organisation, activity and the regulatory question you need to address.

TESTIMONIALS

Clear advice. Practical direction.

Perspectives shared with permission by clients of our advisory teams.

Astronis Global brought clarity and commercial focus to a complex restructuring exercise. Their advice was practical, timely and easy for our leadership team to act on.
Ananya MehtaChief Executive Officer, Northstar Manufacturing Pvt. Ltd.★★★★★
The team understood our regulatory requirements quickly and helped us move forward with confidence. We valued their responsiveness and disciplined follow-through.
Rohan KapoorFounder & Managing Director, Vertex Digital Solutions★★★★
Astronis Global provided dependable support across multiple registrations and approvals. Their communication was clear, structured and consistently professional.
Priya NairGeneral Counsel, Meridian Healthcare Group★★★★★