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Consult Best Bankruptcy / Insolvency Lawyers / Advocates in India


Bankruptcy and Liquidation are the worst scenarios which could happen to any company or individual. However, the Insolvency and Bankruptcy Code, 2016 aims to offer an alternate and timely solution for both the debtors and creditors.Many people often mix up the terms "insolvency" and "bankruptcy", assuming them to mean the same thing. However, these two terms, though similar, have different meanings. 


What is Insolvency and Bankruptcy?

Insolvency is essentially the state of being that prompts one to file for bankruptcy. An entity – a person, family, or company – becomes insolvent when it cannot pay its lenders back on time, whereas, Bankruptcy is a legal declaration of one’s inability to pay off debts. Many people often mix up the terms “insolvency” and “bankruptcy”, assuming them to mean the same thing, which is clearly not the case.

What are the indicators of Insolvency?

During the investigation, the liquidator will identify the signs of insolvency such as whether the company or an individual:

• Suffered recurrent losses every quarter/ financial year.
• Failed to pay taxes and other obligations required under the law.
• Issued dishonoured or post-dated cheques.
• Had-set off or arrangements for his loan.
• Exceeding his due date of payment to creditors.
• Availing multiple loans intending to stabilize the business, etc.

How can a lawyer help?

Filing for bankruptcy is a great way to get out from burdensome debt, and most people feel a tremendous sense of relief when their bankruptcy case is over. But understanding the process and filing for insolvency and bankruptcy can be intimidating.

That’s where an Insolvency and Bankruptcy lawyer comes in. Not only will you receive all the legal advice, but the lawyer can handle your case from start to finish while also guiding you with all the court process.

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Advocate Rajesh K.S

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LawRatoSubedar Chatram Road (SC Road), Bangalore
LawRato 16 years Experience
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Advocate Ricky Chopra

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LawRato 21 years Experience
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Advocate Sunil Kumar Bakshi

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Advocate Rajesh Rai

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LawRato 22 years Experience
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Advocate Rajeev Nigam

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LawRatoKanpur Nagar, Kanpur
LawRato 28 years Experience
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Advocate H Gouri Shankar

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LawRatoBanjara Hills, Hyderabad
LawRato 26 years Experience
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Advocate Ravi Jadhav

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LawRatoKoregaon Park, Pune
LawRato 14 years Experience
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Advocate Vijay Tangri

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LawRatoSaket, Delhi
LawRato 23 years Experience
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Advocate Suksham Aggarwal

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LawRatoDistrict and Sessions Court, Ambala
LawRato 9 years Experience
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Advocate Neelkanth Goswami

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LawRatoCharai, Thane
LawRato 16 years Experience
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Advocate Jorong Sanga

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LawRatoPragati Path, Ranchi
LawRato 19 years Experience
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Advocate Kanwarjit Singh Pruthi

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LawRatoDistrict Court, Patiala
LawRato 39 years Experience
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Advocate Shaniba Nowshad

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LawRatoIrinjalakuda North, Thrissur
LawRato 20 years Experience
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Advocate Vajrapu Manavallayya

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LawRatoPedawaltair, Visakhapatnam
LawRato 12 years Experience
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Advocate Praveen Pinto

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LawRatoBunts Hostel, Mangalore
LawRato 17 years Experience
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Advocate Nelson Joseph

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LawRatoErnakulam, Kochi
LawRato 15 years Experience
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Advocate Anuj Sawhney

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LawRatoTrikuta Nagar Extn, Jammu
LawRato 11 years Experience
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Advocate Ricky Chopra

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LawRatoKarkardooma Court, Delhi
LawRato 21 years Experience
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Advocate Eshwarya Bangwal

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LawRatoCivil Court Compound, Dehradun
LawRato 5 years Experience
LawRatoBankruptcy / Insolvency + 3 more

Advocate Anupama Darla

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LawRatoHigh Court Amaravati, Guntur
LawRato 5 years Experience
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FAQ's on Bankruptcy / Insolvency Lawyers


1. Why should I hire a lawyer near me?

It is important to hire a lawyer near you so that there is ease of access whenever documents need to be exchanged and/or whenever you are required to meet with a lawyer regarding your case.


2. How to shortlist the perfect Bankruptcy / Insolvency lawyer in India for my case?

In order to shortlist the perfect Bankruptcy / Insolvency lawyer in India for your case, you should look for a lawyer who has a decent amount of experience in handling cases such as yours and who charges a fee that is under your case budget.


3. How much does a Bankruptcy / Insolvency lawyer in India cost?

The cost for a Bankruptcy / Insolvency lawyer in India differs contingent upon various components, including the case type, attorney's understanding, experience, track record, and area of practice.


4. Do I need to pay for the contact details for the Bankruptcy / Insolvency lawyer in India?

No, you will not be charged for the contact details of a Bankruptcy / Insolvency lawyer in India.


5. How does a Bankruptcy / Insolvency Lawyer communicate with his/her client?

In most cases, a Bankruptcy / Insolvency lawyer in India will communicate in face-to-face meetings with the client, especially for the initial process. However, the lawyer could also communicate via email and phone.


6. Can I hire a Bankruptcy / Insolvency lawyer from a different state?

Yes, you can. However, it is recommended to hire a Bankruptcy / Insolvency lawyer from the state where the case has been filed as the local lawyer will have better knowledge and understanding of the local laws and procedures followed in that particular state.




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