Insolvency & Debt Recovery Laws
Apris Law Firm has developed a leading practice in Insolvency and Debt Recovery Laws in India, representing creditors, debtors, insolvency professionals, and resolution applicants across a wide range of industries. The firm combines deep legal expertise with strategic commercial insight to deliver effective solutions in matters involving financial distress, restructuring, and enforcement. Known for its responsive approach and litigation strength, Apris is a trusted advisor in both contentious and advisory aspects of insolvency and recovery.
Insolvency Law Practice
Apris provides end-to-end legal services under the Insolvency and Bankruptcy Code, 2016 (IBC), handling complex insolvency proceedings before the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT).
1. Creditor Representation
- Initiation of Corporate Insolvency Resolution Process (CIRP) by financial and operational creditors
- Drafting and filing of Section 7 and Section 9 petitions
- Advising banks, NBFCs, and ARCs on strategy, claim filing, and CoC participation
- Legal support for admission, moratorium, and resolution plan approval
2. Debtor and Promoter Advisory
- Pre-insolvency assessment and restructuring advice
- Representation of corporate debtors before NCLT
- Negotiation with creditors and strategy to avoid liquidation
- Guidance on management of ongoing business operations during CIRP
3. Resolution Applicant Services
- Legal due diligence and advisory for bidders and resolution applicants
- Drafting and vetting of resolution plans in compliance with IBC and CIRP regulations
- Representation before CoC and adjudicating authorities for plan approval
4. Liquidation & Personal Insolvency
- Assistance in liquidation proceedings and asset distribution
- Legal advisory to liquidators on compliance and realization
- Representation in personal guarantor insolvency proceedings before DRT and NCLT
Debt Recovery Practice
Apris also handles a wide range of debt recovery matters under statutory and contractual frameworks.
1. SARFAESI Act, 2002
- Advising banks and financial institutions on enforcement of security interests
- Drafting and issuance of notices under Sections 13(2) and 13(4)
- Representation before Debt Recovery Tribunals (DRT) and Debt Recovery Appellate Tribunals (DRAT)
- Defense and objection proceedings by borrowers and guarantors
2. Recovery Suits and Execution
- Filing and contesting summary suits, commercial suits, and money recovery actions
- Execution of recovery decrees and enforcement of arbitral awards
- Attachment and sale of secured/movable/immovable assets
3. Cheque Bounce & Criminal Recovery
- Representation in Section 138 Negotiable Instruments Act (NI Act) cases involving dishonoured cheques
- Filing of criminal complaints in fraud and cheating-related recovery matters
Clientele
Apris Law Firm advises:
- Banks, NBFCs, and Asset Reconstruction Companies (ARCs)
- Insolvency professionals (IRPs/RPs/Liquidators)
- Operational creditors (suppliers, service providers)
- Promoters and company management
- Resolution applicants and financial investors
Why Choose Apris for Insolvency & Debt Recovery:
- Strong litigation and tribunal advocacy before NCLT, DRT, and High Courts
- Strategic advice grounded in commercial viability and compliance
- Integrated support across insolvency, banking, and corporate teams
- Quick turnaround in drafting and filing critical IBC documents
- Practical, enforcement-oriented approach to debt resolution
