Bankruptcy & Insolvency Lawyer in Kota

Financial distress requires swift, decisive, and legally sound action. Advocate Prakhar Gupta, a leading Insolvency Lawyer in Kota, provides expert counsel under the Insolvency and Bankruptcy Code (IBC), 2016. Whether you are a creditor seeking to recover outstanding dues or a corporate entity looking for a fresh start through restructuring, our firm offers the expertise needed to navigate the National Company Law Tribunal (NCLT) and Debt Recovery Tribunals (DRT).

Comprehensive IBC & Restructuring Solutions

The insolvency landscape in India is time-bound and complex. We provide end-to-end legal support to ensure the maximization of asset value and the protection of stakeholder interests:

Corporate Insolvency Resolution Process (CIRP)

We assist both creditors and debtors through the formal resolution process:

• For Financial & Operational Creditors: Filing applications under Section 7 or Section 9 of the IBC to initiate insolvency proceedings against defaulting corporate debtors.

• For Corporate Debtors: Defending against wrongful insolvency petitions and assisting in the preparation of viable "Resolution Plans" to revive the business.

• NCLT Representation: Robust representation before the NCLT (Jaipur Bench) and the NCLAT for appeals.

Debt Restructuring & Turnaround Advisory

Before reaching a stage of liquidation, we help businesses explore "Pre-Packaged" insolvency and informal restructuring:

• Negotiating settlements with banks and financial institutions (One-Time Settlements).

• Drafting and reviewing restructuring agreements to prevent full-scale bankruptcy.

• Advisory on MSME-specific insolvency provisions which offer more flexibility for smaller business owners in Kota.

Liquidation & Voluntary Winding-Up

When a business is no longer viable, we ensure an orderly exit:

• Voluntary Liquidation: Assisting solvent companies in Kota to close operations legally and distribute assets to shareholders.

• Compulsory Liquidation: Representing stakeholders during the liquidation phase to ensure the "Waterfall Mechanism" (priority of payment) is strictly followed as per law.

Personal & Partnership Insolvency

Beyond corporates, we provide relief for individuals and firms burdened by debt:

• Filing for bankruptcy orders for individuals and partnership firms.

• Representation in Debt Recovery Tribunals (DRT) for matters involving the recovery of debts and securitization (SARFAESI Act).

Why Choose Advocate Prakhar Gupta for Bankruptcy Matters?

• Time-Bound Approach: IBC is all about deadlines (180/270 days). We ensure all filings and responses are executed with military precision to avoid procedural lapses.

• Strategic Negotiation: We prioritize resolution over litigation, working to find "middle-ground" settlements that save businesses and recover capital faster.

• Sector-Specific Knowledge: Deep understanding of how insolvency affects Kota’s manufacturing, coaching, and real estate sectors.