Recovery of Money through Insolvency Laws

If any company is not making the payment as per agreed terms, then an insolvency petition may be filed u/s 7 or 9 based upon the facts, before NCLT to initiate the insolvency proceedings.

Powers and Duties of Resolution Professional during Insolvency Process

The IBC has clearly outlined the powers and duties of the resolution professional that he can exercise during the insolvency resolution process

Appointment of Liquidator and his fees- Recovery of bad debts

Liquidation of Corporate Persons can also be considered as an effective method of recovering bad dues. Lately Insolvency Code has taken a trend in the business sector.

Is it mandatory to serve demand notice on corporate debtor?

Demand notice means a notice served by an operational creditor to the corporate debtor demanding repayment of the operational debt in respect of which the default has occurred.

Application for initiation of corporate insolvency resolution process by operational creditor (section 9)

In this article we have discussed about how an Operational creditor can file an application for initiation of Corporate Insolvency Process against it debtors.

Corporate Insolvency Resolution Process (IRP)

The scheme as provided under the Code stipulates a mechanism wherein the Insolvency Resolution Process is reckoned upon any default upon non-payment of debt due.

Proceed to NCLT for recovery of dues under Insolvency & Bankruptcy Code

To initiate recovery procedure one can approach the National Company Law Tribunal which exercises the power to dispose cases under Insolvency Code.

Sound Financial Status of a Company for framing Debt Recovery Policies- Presales Research

Here we will briefly discuss about the sound financial status of a Company and how it can have a positive impact on framing Debt Recovery policies.

Presales Research- Determining Size of the Business for Debt Recovery Management

An Article about the second step for presales i.e to find out the size of the business and how it is beneficial for framing a policy on Debt recovery management.

Pre Sales Market Research- Active/Dormant status of a Company for framing Debt Recovery policies

A detailed article where we discuss about the status of a company and how it can influence in framing debt recovery policies.