Insolvency and Bankruptcy Consultants

Provide comprehensive services under one roof

Team Consult Insolvency has achieved a milestone in respect of getting first order of dissolution in india for Voluntary liquidation of Company under Section 59 of Insolvency and Bankruptcy Code, 2016.
We got the liquidation order in CIRP (Corporate Insolvency Resolution process ) in single hearing for one of the reputed company .

ABOUT IBC


Prior to the introduction of The Insolvency and Bankruptcy Code, 2016, the Insolvency and Bankruptcy mechanism in India was in a disintegrated state. Lack of clarity and uncertainty due to multiple legislations and non statutory guidelines had made recovery of debts and restructuring of defaulted assets a tedious process. Since the current legal and institutional framework does not aid lenders in timely recovery of their dues, it was imperative to introduce reforms in Insolvency and Bankruptcy regime to improve the current business environment in India.

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