Financial distress creates urgent problems for everyone connected to a business, from the company itself and its promoters to the creditors, employees and vendors who depend on it, and the legal process that follows is designed to balance all of those competing interests within a fixed timeline. At Jain Law Chambers, we advise clients across Delhi NCR on insolvency and bankruptcy matters under the Insolvency and Bankruptcy Code, 2016 (IBC), which governs corporate insolvency resolution, liquidation and individual bankruptcy in India.
We work with businesses, financial institutions, operational creditors and individual clients on insolvency initiation, debt restructuring, and resolution proceedings. Our team prepares the necessary applications, supports negotiations between debtors and creditors, and represents clients before the National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal (NCLAT), and the Debt Recovery Tribunal where individual insolvency is involved.
We advise both sides of an insolvency situation, since creditors and debtors need fundamentally different guidance even though they are involved in the same proceedings. A lender owed money by a struggling company needs to know whether the IBC route is genuinely faster than a civil suit, while a company facing financial pressure needs an honest assessment of whether restructuring can save the business or whether liquidation has become unavoidable.
Insolvency proceedings under the IBC run on some of the strictest timelines in Indian commercial law, and both creditors seeking recovery and debtors trying to protect a viable business need to act early rather than waiting for a situation to become unmanageable.
Our team helps creditors assess whether the IBC route is genuinely faster than a civil recovery suit for their specific claim, and helps corporate debtors understand realistic options for restructuring before a resolution professional takes over management of the company. We aim to give clients a clear, honest picture of where a distressed situation actually stands, rather than falling into the familiar trap of promising quick outcomes where none exist. Because the IBC process moves quickly once proceedings are triggered, we prioritise fast turnaround on filings and responses so our clients are never caught off guard by a hearing date or a procedural deadline.
Our advocates represent clients in bankruptcy matters before the Delhi High Court, the Supreme Court of India, and Delhi's district court complexes, including:
Our firm provides comprehensive legal services across multiple practice areas to address a wide range of legal disputes. We also assist clients through our Commercial & Corporate Law practice for business transactions, regulatory compliance, and corporate governance, as well as our Intellectual Property Rights (IPR) practice for trademark, copyright, patent, design, and brand protection matters. This multidisciplinary approach enables us to provide practical legal solutions when legal matters involve commercial transactions, corporate governance, regulatory compliance, or intellectual property rights.
Representation for creditors, debtors, and insolvency professionals in CIRP under the IBC.
Legal assistance for individuals and partnerships facing insolvency or bankruptcy proceedings.
Guidance in liquidation processes, distribution of assets, and creditor settlement strategies.
End-to-end advisory on insolvency procedures, regulatory filings, and restructuring mechanisms.
At Jain Law Chambers, we believe that the law should simplify problems - not complicate them. Our mission is to make justice accessible, transparent, and efficient, empowering our clients with clarity and confidence at every step.
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