Comprehensive Insolvency and Restructuring Advisory
Karma Law has a well-established insolvency and restructuring practice, with extensive experience in high-stake and complex matters involving critical questions of law and commercial significance. We regularly represent clients before the Supreme Court of India, the National Company Law Appellate Tribunal (NCLAT), and multiple benches of the National Company Law Tribunal (NCLT) across India.
We provide end-to-end legal support across the insolvency lifecycle—ranging from pre-insolvency advisory and strategic restructuring to representation during the Corporate Insolvency Resolution Process (CIRP) and liquidation proceedings. Our advice is grounded in a deep understanding of the Insolvency and Bankruptcy Code, 2016, combined with a strong appreciation of commercial realities and stakeholder interests.
Karma Law advises and represents a diverse set of stakeholders, including:
- Financial Creditors
- Operational Creditors
- Corporate Debtors
- Resolution Applicants
- Interim Resolution Professionals (IRPs), Resolution Professionals (RPs) and Liquidators
- Members of the Committee of Creditors (CoC)
We provide continuous legal support to IRPs, RPs, and Liquidators, assisting them in efficiently conducting the CIRP and liquidation processes, ensuring procedural compliance, managing stakeholder issues, and addressing litigation at various stages.
Our lawyers are experienced in navigating complex restructuring transactions, balancing strategic, operational, and legal considerations to help clients achieve commercially sustainable outcomes.
- Litigation & Regulatory Forums
- We represent clients and insolvency professionals before:
- Supreme Court of India
- National Company Law Appellate Tribunal (NCLAT)
- National Company Law Tribunal (NCLT) – across multiple benches
- Appellate Tribunal for Forfeited Property (ATFP)
- District Courts and other statutory and regulatory authorities
Our Key Services Include
- Strategic legal advice on insolvency, restructuring, and the appropriate course of action under the IBC
- Drafting, vetting, and filing of applications, appeals, replies, rejoinders, and progress reports before NCLT and NCLAT
- Legal assistance and representation for IRPs, RPs, and Liquidators throughout CIRP and liquidation proceedings
- Advisory and support to Committee of Creditors and other stakeholders during decision-making processes
- Assisting Resolution Applicants in structuring and drafting viable and compliant Resolution Plans, and advising on implementation strategies post-approval
Achieving Your Vision
Planning for retirement is essential to your long-term financial well-being. At Finovate, our experienced team collaborates with you to identify your retirement goals and crafts a tailored, comprehensive strategy to help you achieve them with confidence.
How Can Our Team Help You to Reach Your Goals
Learning About You
Schedule a 30-minute call with our professional to discuss your goals and how we can help. This phone or Zoom call also outlines who we are and our process.
Organized Meeting
Meet with our team to gather the necessary data for your Financial Plan. We’ll discuss your finances, lifestyle, and goals, including investments, assets, expenses, and income.
Plan Meeting
Our advisor will present your personalized financial plan, ensuring it aligns with your evolving needs and goals, and provide clear steps to help you reach your financial objectives.
Implementation
Your advisor will send a copy of your plan with an actionable list of recommendations. We’ll implement and manage these, keeping you updated.
