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IBC 2016 Lawyer in Delhi
Expert legal assistance for insolvency resolution and bankruptcy under IBC
Insolvency & Bankruptcy Code (IBC) 2016
Comprehensive insolvency resolution for corporates and individuals
The Insolvency and Bankruptcy Code, 2016 (IBC) is India's premier insolvency law for time-bound resolution of corporate and individual insolvencies. Our lawyers represent financial creditors, operational creditors, corporate debtors, and resolution applicants before NCLT and NCLAT.
Key Stakeholders Under IBC
Financial Creditor
Banks, NBFCs, debenture holders
Operational Creditor
Suppliers, vendors, service providers
Corporate Debtor
Company facing insolvency
Resolution Professional
Insolvency professional
Resolution Applicant
Potential buyer/acquiree
Committee of Creditors
Creditor voting body
Corporate Insolvency Resolution Process (CIRP)
Application Filing
Before NCLT
Admission
Moratorium imposed
IRP Appointment
Interim RP
Claims Submission
Creditors file claims
Resolution Plan
Submitted to CoC
Approval
By NCLT
Statutory Timelines Under IBC
Documents Required
Frequently Asked Questions
What is minimum default for IBC application?
₹1 crore for corporate insolvency (as per latest amendment).
Who can file application under IBC?
Financial creditor, operational creditor, or corporate debtor itself.
What is moratorium period?
Stay on legal proceedings, asset transfer, and recovery during CIRP.
What is Committee of Creditors (CoC)?
Body of financial creditors that votes on resolution plans.
Can individual bankruptcy be filed under IBC?
Yes, for individuals with debt above ₹1,000 (Chapter III of IBC).
What are IBC legal fees?
Based on claim amount and case complexity. Free consultation available.
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