Insolvency Lawyer in Delhi | IBC & Bankruptcy Advocate | Global Vision Law Firm

"Protecting the rights of creditors and debtors alike — with strategic, experienced representation before NCLT and all insolvency forums across India."

Global Vision Law Firm is a leading insolvency lawyer in Delhi providing comprehensive legal services under the Insolvency and Bankruptcy Code (IBC) 2016 and related laws. Since the enactment of IBC, insolvency proceedings have become one of the most critical areas of corporate law in India. Our team of experienced insolvency advocates in Delhi represents financial creditors, operational creditors, corporate debtors, resolution applicants, and personal guarantors before the National Company Law Tribunal (NCLT), National Company Law Appellate Tribunal (NCLAT), Debt Recovery Tribunal (DRT), and the Supreme Court of India.

We have handled CIRP matters, liquidation proceedings, pre-packaged insolvency cases, and personal insolvency applications across NCLT benches in Delhi, Mumbai, Ahmedabad, Chennai, Kolkata, Hyderabad, and Bengaluru — making us a truly pan-India insolvency law firm operating from our base in Delhi NCR.

Insolvency & Bankruptcy Legal Services We Provide

1. Filing Section 7 petitions before NCLT on behalf of Financial Creditors — banks, NBFCs, debenture holders, and home buyers — to initiate Corporate Insolvency Resolution Process (CIRP) against defaulting corporate debtors
2. Filing Section 9 petitions before NCLT on behalf of Operational Creditors — suppliers, vendors, contractors, employees, and service providers — after serving demand notice and expiry of 10-day period
3. Filing Section 10 petitions on behalf of Corporate Debtors seeking voluntary initiation of CIRP where the company itself wishes to undergo insolvency resolution
4. Defending and opposing CIRP petitions — filing reply and raising preliminary objections including pre-existing disputes, limitation, and threshold below Rs. 1 Crore
5. Interim Resolution Professional (IRP) and Resolution Professional (RP) support — legal advisory, claims verification, moratorium management, and Committee of Creditors (CoC) meeting representation
6. Filing and verifying claims before the Resolution Professional on behalf of all categories of creditors — financial, operational, workmen, employees, and other creditors
7. Representation in Committee of Creditors (CoC) meetings — advising financial creditors on resolution plan evaluation, voting, and approval
8. Resolution Plan drafting, vetting, and submission — advising resolution applicants on IBC compliance, RFRP requirements, and NCLT approval process
9. Liquidation proceedings under Section 33 — representing liquidators, creditors, and stakeholders in NCLT liquidation orders and asset distribution waterfall under Section 53
10. Voluntary liquidation under Section 59 — complete legal assistance for companies, LLPs, and other entities opting for voluntary winding up under IBC
11. Pre-Packaged Insolvency Resolution Process (PPIRP) under Sections 54A-54P — for MSMEs seeking fast-track insolvency resolution with a pre-negotiated resolution plan
12. Personal Insolvency applications under Part III of IBC — representing creditors and personal guarantors before the Debt Recovery Tribunal (DRT)
13. Insolvency proceedings against Personal Guarantors to Corporate Debtors — following Supreme Court's landmark judgment upholding validity of Part III provisions
14. Appeals before NCLAT against NCLT orders — admission/rejection of CIRP petitions, liquidation orders, resolution plan approvals, and related matters
15. Further appeals before the Supreme Court of India — Special Leave Petitions (SLP) challenging NCLAT orders in insolvency matters
16. Section 60(5) applications — miscellaneous applications before NCLT during CIRP including avoidance transactions, fraudulent trading, and wrongful trading under Sections 43-66
17. Recovery of preferential, undervalued, and fraudulent transactions — filing avoidance applications under Sections 43, 45, 49, and 66 of IBC
18. Cross-border insolvency advisory — matters involving foreign assets, foreign creditors, and coordination with overseas insolvency proceedings

Types of Insolvency Matters We Handle

1. Bank and NBFC debt recovery through IBC — NPA accounts, loan defaults, and consortium lending disputes
2. Home buyer insolvency petitions against real estate developers under Section 7 as financial creditors
3. Operational creditor claims — unpaid invoices, pending dues from contractors, vendors, and service providers
4. Employee and workmen claims during CIRP — salary arrears, provident fund, and gratuity recovery
5. Resolution plan challenges — opposing or supporting resolution plans before NCLT and NCLAT
6. Liquidation asset sales — representing buyers and creditors in NCLT-supervised asset auctions
7. MSME insolvency — Pre-Packaged Insolvency Resolution Process (PPIRP) for small and medium enterprises
8. Section 29A disqualification challenges — opposing ineligible resolution applicants before NCLT
9. Avoidance of preferential transactions — recovering assets transferred by corporate debtor before insolvency
10. Fraudulent trading and wrongful trading actions under Sections 49 and 66 against promoters and directors
11. Personal guarantor insolvency — banks filing against guarantors of corporate loan accounts
12. Insolvency of Partnership Firms and LLPs under IBC
13. Moratorium violations — seeking enforcement of Section 14 moratorium against creditors attempting recovery during CIRP
14. Contempt applications before NCLT for violation of NCLT orders during CIRP
15. CoC disputes — challenging CoC voting decisions, resolution professional conduct, and creditor classification
16. Infrastructure and real estate insolvency — complex CIRP matters involving ongoing projects, allottees, and regulatory approvals

Who We Represent

• Financial Creditors — Banks, NBFCs, ARCs, debenture trustees, home buyers, and bond holders
• Operational Creditors — Vendors, suppliers, contractors, service providers, and employees
• Corporate Debtors — Companies and LLPs facing CIRP or seeking voluntary insolvency
• Resolution Applicants — Entities submitting resolution plans to acquire distressed companies
• Personal Guarantors — Promoters and directors facing personal insolvency proceedings
• Resolution Professionals — IRPs and RPs requiring legal support during CIRP management
• MSMEs — Small businesses using Pre-Packaged Insolvency for fast debt resolution

If you are a creditor seeking to recover dues, a company facing insolvency proceedings, or a resolution applicant looking to acquire a distressed business — Global Vision Law Firm's insolvency lawyers in Delhi provide strategic, result-oriented representation at every stage of the IBC process. We are available for immediate consultation across Delhi NCR and all NCLT benches in India.