
Bankruptcy & Insolvency
“Without bankruptcy law, fewer would start enterprises. Bankruptcy law is good both for entrepreneurs who fail and those who succeed.” – Douglas G. Baird
Insolvency and Bankruptcy Code, 2016 consolidated the bankruptcy framework in India into a single law. It allows quick winding up of insolvent companies, minimizing the Non-Performing Assets and redeployment of capital productively. JLJ has dedicated team for handling IBC issues and representing Corporate Debtors, Creditors and also Insolvency Professionals before NCLT & NCLAT.