The National Company Law Tribunal (NCLT) handles corporate insolvency and company law matters. Our NCLT lawyer in Kolkata provides expert representation before the NCLT Kolkata Bench for IBC, company petitions, and restructuring.
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The National Company Law Tribunal (NCLT) Kolkata Bench has jurisdiction over corporate matters in West Bengal and Eastern India. Our NCLT lawyer in Kolkata appears before the NCLT for matters under the Insolvency and Bankruptcy Code, 2016 (IBC), the Companies Act, 2013, and the Limited Liability Partnership Act, 2008. Key matters include corporate insolvency resolution process (CIRP), liquidation of companies, oppression and mismanagement petitions, scheme of arrangement (mergers/demergers), winding up petitions, restoration of companies, and appeals before NCLAT.
Legal matters require careful attention to detail and strategic thinking. Our experienced legal team in Kolkata brings decades of combined experience across multiple practice areas. We take the time to understand your unique situation, explain your legal options in plain language, and develop a customized strategy that aligns with your goals and budget. Our approach is built on three pillars: thorough preparation, clear communication, and aggressive advocacy. We prepare every case meticulously, leaving no stone unturned. We keep you informed at every stage, ensuring you understand the process and can make informed decisions. And when we step into the courtroom or negotiation room, we advocate for your interests with passion and precision. Whether your matter is simple or complex, we are committed to achieving the best possible outcome for you.
Legal matters require careful attention to detail and strategic thinking. Our experienced legal team in Kolkata brings decades of combined experience across multiple practice areas. We take the time to understand your unique situation, explain your legal options in plain language, and develop a customized strategy that aligns with your goals and budget. Our approach is built on three pillars: thorough preparation, clear communication, and aggressive advocacy. We prepare every case meticulously, leaving no stone unturned. We keep you informed at every stage, ensuring you understand the process and can make informed decisions. And when we step into the courtroom or negotiation room, we advocate for your interests with passion and precision. Whether your matter is simple or complex, we are committed to achieving the best possible outcome for you.
Legal matters require careful attention to detail and strategic thinking. Our experienced legal team in Kolkata brings decades of combined experience across multiple practice areas. We take the time to understand your unique situation, explain your legal options in plain language, and develop a customized strategy that aligns with your goals and budget. Our approach is built on three pillars: thorough preparation, clear communication, and aggressive advocacy. We prepare every case meticulously, leaving no stone unturned. We keep you informed at every stage, ensuring you understand the process and can make informed decisions. And when we step into the courtroom or negotiation room, we advocate for your interests with passion and precision. Whether your matter is simple or complex, we are committed to achieving the best possible outcome for you.
Legal matters require careful attention to detail and strategic thinking. Our experienced legal team in Kolkata brings decades of combined experience across multiple practice areas. We take the time to understand your unique situation, explain your legal options in plain language, and develop a customized strategy that aligns with your goals and budget. Our approach is built on three pillars: thorough preparation, clear communication, and aggressive advocacy. We prepare every case meticulously, leaving no stone unturned. We keep you informed at every stage, ensuring you understand the process and can make informed decisions. And when we step into the courtroom or negotiation room, we advocate for your interests with passion and precision. Whether your matter is simple or complex, we are committed to achieving the best possible outcome for you.
Legal matters require careful attention to detail and strategic thinking. Our experienced legal team in Kolkata brings decades of combined experience across multiple practice areas. We take the time to understand your unique situation, explain your legal options in plain language, and develop a customized strategy that aligns with your goals and budget. Our approach is built on three pillars: thorough preparation, clear communication, and aggressive advocacy. We prepare every case meticulously, leaving no stone unturned. We keep you informed at every stage, ensuring you understand the process and can make informed decisions. And when we step into the courtroom or negotiation room, we advocate for your interests with passion and precision. Whether your matter is simple or complex, we are committed to achieving the best possible outcome for you.
Legal matters require careful attention to detail and strategic thinking. Our experienced legal team in Kolkata brings decades of combined experience across multiple practice areas. We take the time to understand your unique situation, explain your legal options in plain language, and develop a customized strategy that aligns with your goals and budget. Our approach is built on three pillars: thorough preparation, clear communication, and aggressive advocacy. We prepare every case meticulously, leaving no stone unturned. We keep you informed at every stage, ensuring you understand the process and can make informed decisions. And when we step into the courtroom or negotiation room, we advocate for your interests with passion and precision. Whether your matter is simple or complex, we are committed to achieving the best possible outcome for you.
The IBC provides a time-bound insolvency resolution process. Our NCLT lawyer in Kolkata assists financial creditors, operational creditors, and corporate debtors. A creditor can file an application under Section 7 (financial creditor) or Section 9 (operational creditor) for initiating CIRP. The NCLT admits the application if there is a default of ₹1 crore or more. The NCLT appoints a Resolution Professional (RP) and imposes a moratorium (stay on legal proceedings). The RP invites resolution plans. The Committee of Creditors (CoC) approves a plan with 66% voting share. The NCLT approves the plan or orders liquidation. We handle all stages of CIRP.
The NCLT handles various company law matters under the Companies Act. Our NCLT lawyer in Kolkata handles oppression and mismanagement petitions under Sections 241-242 (minority shareholder protection), scheme of arrangement, amalgamation, and compromise under Sections 230-232, winding up petitions under Sections 271-272 (if the company is unable to pay debts), conversion of public to private company, reduction of share capital, and restoration of struck-off companies. These petitions require detailed documentation and evidence. We represent petitioners and respondents in company litigation before NCLT.
If a resolution plan is not approved or the company cannot be revived, the NCLT orders liquidation under Section 33 of IBC. Our NCLT lawyer in Kolkata handles liquidation proceedings including filing of applications by the Resolution Professional for liquidation, representation of stakeholders in liquidation, distribution of proceeds in the order of priority (Section 53 — insolvency resolution costs, workmen dues, secured creditors, government dues, unsecured creditors, etc.), and challenges to the liquidation order. We also handle voluntary liquidation under Section 59 for solvent companies.
Orders of NCLT can be appealed to the National Company Law Appellate Tribunal (NCLAT). Our NCLT lawyer in Kolkata handles appeals before NCLAT on questions of law. Further appeals lie to the Supreme Court of India. We draft appeals, file them within the limitation period (30 days for NCLAT, 45 days for Supreme Court), and argue before appellate forums. We also file applications for stay of NCLT orders pending appeal.
Our NCLT lawyer in Kolkata has specialized expertise in IBC and corporate insolvency matters. We represent financial institutions, operational creditors, corporate debtors, resolution professionals, and shareholders. Our deep understanding of NCLT procedures and substantive law ensures effective representation. Contact us at +91 74398 11422.
₹1 crore for initiating CIRP under IBC. This was increased from ₹1 lakh by the 2020 amendment.
180 days from admission, extendable by 90 days (total 330 days including litigation time). Time-bound process under IBC.
Section 7 is filed by financial creditors (banks, NBFCs). Section 9 is filed by operational creditors (suppliers, vendors, employees).
The IBC focuses on corporate debtors. However, personal guarantors of corporate debtors can also be proceeded against under IBC.
The NCLT orders liquidation of the company. The company's assets are sold and distributed to stakeholders as per Section 53 priority.
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