The Insolvency and Bankruptcy Code, 2016 (IBC) is a one-stop solution for reviving companies which are ailing. In the previous regimes, the process was lengthy and tiresome and it did not offer an economically viable arrangement. Rather, IBC aims to protect the interests of all the stakeholders viz., creditors, employees, statutory authorities, etc., within a definite timeframe. 

We at AB Legal have represented various clients under section 7 (financial creditor), section 9 (operational creditor), section 10 (voluntary CIRP)., section 95 (against personal guarantors to corporate debtors) petitions. Our office is one of the sought after offices to represent the insolvency professionals and the committee of creditors apart from representing Corporate Debtors under the Code.

AB Legal since its existence has been dealing with IBC matters through accomplished and well-versed advocates in its team and had an impeccable record of representing clients and their interests in the High Court of Telangana, National Company Law Tribunal, National Company Law Appellate Tribunal and Debt Recovery Tribunal. The office specializes in: