India has finally brought in an effective mechanism for initiating insolvency proceedings against the financially defaulting companies by way of The Insolvency and Bankruptcy Code, 2016. This Code provides for the procedure for insolvency resolution process, in case of a defaulting corporate debtor. Thus, a preliminary recognition of the financial distress of a company is very important for timely resolution of insolvency.
Our firm provides excellent legal support to our clients by advising them on various facets of Indian corporate laws and the legal and regulatory framework that affect their day to day business. We at Khurana & Khurana has a team of highly experienced lawyers whose primary objective is client satisfaction and to efficiently get the deal done. We provide excellent assistance in identifying potential areas of risk in our client’s business as well as mitigating and eliminating the same.
Khurana & Khurana is experienced in representing corporations, venture capital and private equity firms, boards of directors, board committees, individual officers and directors and representing them before various judicial forums. We counsel clients on means to mitigate litigation risk in connection with significant corporate and commercial transactions. We majorly help in drafting, negotiating and finalizing relevant transaction documents and appear before the tribunal/Adjudicating Authority.