R M   L E G A L

Insolvency and Bankruptcy Code (IBC)

RM Legal advises businesses, creditors, and stakeholders on matters relating to insolvency, restructuring, and recovery under the Insolvency and Bankruptcy Code. We assist clients in navigating insolvency processes with a focus on strategic resolution and protection of commercial interests.

What We Do

Our work includes:

  • Advisory on insolvency proceedings and available remedies
  • Representation in insolvency matters before appropriate forums
  • Structuring and evaluation of resolution strategies
  • Assistance to creditors in recovery and enforcement actions
  • Coordination with insolvency professionals and stakeholders

Understanding Insolvency and Restructuring

Insolvency proceedings are not merely recovery mechanisms but structured processes aimed at resolution of distressed businesses. The framework provides for:

  • Identification of financial distress and initiation of proceedings
  • Appointment of resolution professionals and management of the process
  • Evaluation of resolution plans and restructuring options
  • Liquidation where resolution is not feasible

We assist clients in understanding these processes and taking informed decisions at each stage.

Our Approach

IBC matters require a balance between legal strategy and commercial outcomes. We work with clients on:

  • Assessing available options based on the nature of the default
  • Protecting interests during ongoing insolvency proceedings
  • Evaluating resolution plans and recovery strategies
  • Coordinating with multiple stakeholders involved in the process

Our focus is on achieving practical outcomes while navigating procedural and regulatory requirements.

When to Consider IBC Advisory

  • Default in repayment of financial or operational debt
  • Need for recovery or enforcement of claims
  • Financial distress requiring restructuring or resolution
  • Participation in or response to insolvency proceedings

Scope of Work

IBC advisory typically involves:

  • Evaluation of facts and available legal remedies
  • Preparation and filing of applications and responses
  • Representation before relevant authorities
  • Coordination with insolvency professionals and other stakeholders

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