UN Legal Group provides end-to-end legal support in matters arising under the Insolvency and Bankruptcy Code, 2016. The firm advises stakeholders through financially sensitive and time-bound insolvency proceedings, with a focus on protecting value and ensuring statutory compliance.
Our Services
The firm represents financial creditors, operational creditors, corporate debtors, and insolvency professionals in corporate insolvency resolution processes. This includes drafting and filing applications, advising on claims, participating in committee of creditors processes, reviewing and negotiating resolution plans, and representing clients before the NCLT, NCLAT, and higher courts. The firm also advises on liquidation proceedings and related enforcement actions.
Our Expertise
UN Legal Group brings a structured and commercially informed approach to insolvency matters. The firm’s experience across creditor and debtor representations enables it to anticipate risks, manage timelines, and pursue outcomes that maximise stakeholder interests.
Our Expertise
Frequently Asked Questions (FAQs)
1. What is the main function of a DRT?
It deals with recovery of debts due to banks and financial institutions, providing a quicker forum than civil courts.
2. Can borrowers defend themselves in DRT?
Yes, borrowers and guarantors can file replies, present evidence, and challenge the claims of banks.
3. How soon are cases decided?
The law expects DRT cases to be completed in a time-bound manner, though the duration depends on complexity.
4. Is there a right of appeal?
Yes, parties can appeal to the Debt Recovery Appellate Tribunal against orders of the DRT.
5. Do I need a specialised lawyer for DRT matters?
Given the technicalities involved, working with professionals who regularly appear before the tribunal is strongly advisable.