IBC and NCLT Insolvency Lawyer, Delhi NCR

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Insolvency · IBC 2016

Wise & Partners advises creditors, corporate debtors and resolution stakeholders on insolvency and bankruptcy matters before the NCLT and NCLAT.

IBC · 2016

What we advise on

Corporate insolvency resolution process (CIRP), creditor and corporate-debtor representation, resolution plans, liquidation, avoidance transactions, and related NCLT and NCLAT litigation.

ForumsNCLT · NCLAT · Supreme Court · IBBI
Recent developments
26 May 2026
Most provisions of the IBC (Amendment) Act, 2026 took effect under a Ministry of Corporate Affairs notification. Status of the creditor-initiated process is reported differently across sources; verify against the Gazette. Source
6 Apr 2026
Presidential assent to the IBC (Amendment) Act, 2026. Gazette

As of 15 October 2026. Check the source for current status.

Common questions

Frequently asked questions

What is the corporate insolvency resolution process?

CIRP is a time-bound process before the NCLT in which a company in default is put under the control of a resolution professional while creditors consider a resolution plan.

Has the admission timeline changed?

The 2026 amendment is reported to require the NCLT to admit or reject a financial creditor’s application within 14 days, or record reasons for delay. Please confirm commencement status.

Where are appeals heard?

Appeals from the NCLT lie to the NCLAT, and then to the Supreme Court.

Disclaimer: As per the rules of the Bar Council of India, advocates are not permitted to solicit work or advertise. This page is general information, not legal advice or solicitation.