Insolvency law,for creditors,debtors and resolution.
SIRI Law LLP represents creditors, corporate debtors and resolution applicants through proceedings under the Insolvency and Bankruptcy Code, from initiation through resolution or liquidation.
- Free first consultation
- NCLT and NCLAT experience
- Fixed-fee claim filing
- Hyderabad and online
Insolvency & Bankruptcy (IBC)
IBC proceedings move on strict timelines, and a creditor who misses a claim filing deadline, or a debtor who does not engage early with a resolution professional, loses leverage that is very difficult to recover once the process has moved on.
Creditors owed money by an insolvent company
Filing claims and protecting your position in the resolution process.
Companies facing insolvency proceedings
Advisory and representation for the company through the CIRP.
Resolution applicants
Due diligence and resolution plan structuring for distressed asset acquisitions.
Personal guarantors
Representation in personal guarantor insolvency proceedings.
Roadmap
Where we help, through the IBC process.
From initiation through resolution, settlement or liquidation.
- 01Trigger stage
Initiate or respond to proceedings
How proceedings begin shapes the strategy that follows.
- Application filing for creditors seeking to initiate CIRP
- Response and defence for corporate debtors facing an application
- Assessment of settlement options before admission
- NCLT representation at the admission stage
- 02CIRP stage
Participate in the resolution process
Active participation protects your position throughout the process.
- Claim filing and verification with the resolution professional
- Committee of Creditors representation and voting strategy
- Resolution plan review and negotiation
- Challenges to resolution professional decisions, where warranted
- 03Resolution stage
Acquire or resolve
Resolution applicants need thorough diligence and plan structuring.
- Due diligence on the corporate debtor's assets and liabilities
- Resolution plan drafting and submission
- Negotiation with the Committee of Creditors
- Implementation support post-approval
- 04Where needed
Handle escalation and appeals
NCLT decisions can be appealed through the established hierarchy.
- NCLT representation throughout proceedings
- NCLAT appeal representation
- Personal guarantor proceedings, where applicable
What we do
IBC advisory, every side of the table.
Representation for creditors, debtors and resolution applicants.
CIRP initiation and defence
Filing or defending applications to initiate corporate insolvency resolution.
- CIRP
- Initiation
- Defence
Creditor claim filing
Filing and verifying claims to protect creditor recovery in insolvency proceedings.
- Claims
- Creditors
- Recovery
Resolution plan review
Reviewing and negotiating resolution plans on behalf of creditors or applicants.
- Resolution plans
- Review
- Negotiation
NCLT and NCLAT representation
Representing clients through tribunal proceedings and appeals.
- NCLT
- NCLAT
- Representation
Personal guarantor proceedings
Advisory and representation in insolvency proceedings against personal guarantors.
- Personal guarantors
- Proceedings
- Representation
Pre-insolvency restructuring advisory
Advising distressed companies on options before formal insolvency proceedings begin.
- Restructuring
- Pre-insolvency
- Advisory
Where we come in
Five mistakes we often see.
Each one costs recovery or leverage in a process that moves on strict timelines.
Missing the claim filing deadline
Claims filed late can be rejected or given lower priority, directly reducing what a creditor ultimately recovers.
Corporate debtors ignoring an insolvency application
Failing to respond properly to an application can result in admission into CIRP without the debtor's position being fully considered.
Resolution applicants underestimating diligence needs
Distressed asset acquisitions carry specific risks that standard M&A diligence does not always capture, particularly around contingent liabilities.
Creditors not engaging with the Committee of Creditors process
Passive participation means losing influence over decisions that directly affect your recovery.
Treating personal guarantor exposure as separate from corporate proceedings
Guarantor liability often needs to be assessed and managed in parallel with the corporate debtor's proceedings, not after.
Ready to start?
Owed money by an insolvent company, or facing insolvency proceedings yourself? Call for a free first consultation.
Tell us about your situation and any deadlines involved. Calls are answered by an advocate.
Why clients choose us
We move at the pace IBC timelines demand.
Retain us for a single matter or for the long run. Either way you deal with the same accountable team.
Deadline-driven approach
We understand that IBC recovery and rights often depend on strict timelines.
Both sides of insolvency
We represent creditors, debtors and resolution applicants, giving us insight into every party's likely strategy.
NCLT and NCLAT experience
Representation through tribunal proceedings and appeals when needed.
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Questions
Common questions.
General information only, not legal advice. Every situation differs, so speak to us about yours.
How do I file a claim as a creditor?
Claims must be filed with the resolution professional within the specified timeline, supported by documentation establishing the debt.
We help you prepare and file claims correctly and on time to protect your recovery.
Can a company avoid insolvency proceedings once an application is filed?
In some cases, settlement with the applicant creditor before admission, or successfully defending the application, can avoid formal CIRP.
We assess your options quickly given how time-sensitive this stage is.
What is the Committee of Creditors and why does participation matter?
It is the body of financial creditors that makes key decisions during CIRP, including approving resolution plans, and active participation protects your recovery interests.
We help creditors engage effectively with this process.
What should we check before submitting a resolution plan?
Thorough diligence on the corporate debtor's actual assets, liabilities and ongoing litigation, since resolution plans are binding once approved.
We support resolution applicants through this diligence process.
Can a personal guarantor be pursued separately from the company?
Yes, personal guarantor insolvency proceedings can proceed alongside or following corporate insolvency proceedings against the underlying company.
We advise guarantors on their specific exposure and options.
How much does this cost?
Claim filing is available as a fixed fee. Representation in CIRP proceedings and resolution plan work is scoped based on complexity.
Fees are agreed in writing before work starts.
Related
Often needed alongside.
Insolvency and bankruptcy work often connects to these services too.
Banking & Finance
Financial services regulatory advisory.
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Corporate Litigation
Commercial and shareholder disputes.
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Mergers & Acquisitions
Deal structuring and diligence.
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Commercial contract breach and enforcement.
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Free first consultation
Tell us about your insolvency matter.
High level is fine. We check conflicts, tell you honestly whether we can help, and what it would cost. You decide, with no pressure.
- Call+91 79819 12046
- WhatsAppMessage us on WhatsApp
- Emailinfo@sirilawllp.com
- HoursMon–Sat, 9:30 AM–7:00 PM IST. Incident line 24/7.
- Existing client?Message your named lead directly, or use the incident line for anything urgent.
Thank you. We have your enquiry.
A member of our team will be in touch within one working day. For anything urgent, call +91 79819 12046.
Visit us
Find our offices.
HITEC City, Madhapur, Hyderabad, Telangana 500081
Mon to Sat, 9:30 AM to 7:00 PM IST · Meetings by appointment · Online consultations worldwide