Reviving Businesses with Expert Turnaround and Bankruptcy Solutions in India
Financial challenges can feel like a lonely journey for any business owner. The weight of debt, the pressure to restructure, and the looming threat of insolvency can be overwhelming. But what if there was a partner who not only understood your struggles but also had the legal and financial tools to help you rebuild and emerge stronger?
At LawCrust, we believe that distress is not the end of the road. It’s a signal for a strategic pivot. As a leading corporate law firm in India, we have helped over 2,000 clients navigate these difficult waters, with a remarkable track record of success in over 1,200 cases. Our approach goes beyond traditional legal counsel; we deliver holistic business turnaround and bankruptcy solutions that are adapted to your unique situation.
We stand out by combining corporate legal services, financial restructuring, and strategic advisory under one roof. Unlike traditional consultants, we don’t just offer advice we provide a complete roadmap to recovery, grounded in the latest legal and financial frameworks.Team of corporate lawyers in India is sector-agnostic, with deep expertise in manufacturing, IT, real estate, healthcare, and small businesses alike.
Our Comprehensive Turnaround and Bankruptcy Solutions
At LawCrust, we deliver end-to-end bankruptcy solutions that balance legal clarity with financial stability. Our services reflect the latest IBC amendments, NCLT and Supreme Court rulings, and RBI–SEBI updates.
- Debt & Turnaround Strategy
We assess your financial position, create a recovery roadmap, and negotiate repayment plans under the RBI’s 2024 stressed asset framework.
- Financial Restructuring & Refinancing
We restructure finances to improve cash flow and secure refinancing. For listed companies, we ensure compliance with SEBI’s 2025 restructuring rules and reduced penalties under the Companies Act 2013.
- Equity & Asset Sale
We help raise capital through equity or sale of non-core assets. Our business lawyers in India draft secure agreements aligned with 2025 competition law thresholds.
- Management Restructuring
We guide board reorganisations and audits, ensuring compliance with the Companies Act and labour codes of 2025.
- Investor Onboarding
We structure investor deals under updated FDI rules (2025) and use reverse mergers (2024) for smoother capital infusion.
- Insolvency & Bankruptcy Guidance
If revival is not possible, we draft resolution plans, represent clients before the NCLT, and work with RPs. The IBC (2023 Amendment) allows MSMEs to resolve in 90 days.
- Bank & Lender Negotiations
We negotiate with banks, NBFCs, and private lenders under the SARFAESI Act and RBI’s 2025 circulars, with creditor recovery improving to 32.8% by March 2025.
The LawCrust Advantage: Why Businesses Trust Us
- Four-Quadrant Consulting: Our unique approach integrates management, IT, tax, and legal expertise. This ensures a complete picture and a truly holistic solution for your business turnaround.
- Sector-Agnostic Expertise: Whether you’re a startup in Bengaluru or a large corporation in Mumbai, our corporate lawyers have the custom solutions you need. We handle complex matters like corporate criminal liability and contractual disputes with ease.
- Value-Driven Approach: We focus on tangible results, not just billable hours. Your success is our ultimate goal, and we are committed to helping your business regain stability and thrive.
Key Legal Developments That Impact You (2025 Update)
Staying ahead of the curve is crucial. Our team is constantly monitoring legal changes that directly impact your business, including:
- IBC (Amendment) Act, 2023: Faster resolution for MSMEs under a simplified framework.
- Supreme Court, 2024: The ruling in Vidarbha Industries Power Ltd v. Axis Bank strengthened the NCLT’s discretion in admitting insolvency petitions.
- NCLAT, 2025: Clarified that operational creditors must prove an actual default, protecting companies from frivolous claims.
- SEBI 2025 Guidelines: New rules for equity issuance in restructuring cases to ensure investor protection.
- RBI Circular, June 2025: Updated one-time settlement norms for stressed borrowers.
- Companies Act, 2013 (Amendments): Dematerialisation deadlines have been extended to June 2025, and new disclosures on POSH and maternity benefits are now mandated.
These developments directly impact businesses and underscore the need for expert guidance from a trusted corporate lawyer near you.
Frequently Asked Questions on Bankruptcy Solutions in India
Q1. What is the difference between insolvency and bankruptcy in India?
Insolvency is a financial state where a company’s liabilities exceed its assets. Bankruptcy is a legal declarationof insolvency, primarily for individuals, while companies undergo a formal insolvency resolution process under the IBC.
Q2. How long does NCLT take for insolvency cases?
The IBC mandates resolution within 330 days. However, recent 2023 amendments have streamlined the process, offering a faster 90-day framework for MSMEs.
Q3. Can small businesses file for bankruptcy solutions in India?
Yes. MSMEs can use the pre-pack insolvency resolution process (PPIRP) introduced in 2021 and updated in 2023 for faster settlements. New tiered penalties and simplified mergers also make recovery more accessible.
Q4. Do I need a corporate lawyer or a business lawyer for debt restructuring?
You need a corporate lawyer with specific expertise in insolvency law and debt settlements. While a business lawyer assists with contracts, NCLT matters require a specialised corporate litigation expert.
Q5. What are the latest bankruptcy solutions under IBC 2025?
The 2025 amendments introduced creditor-led repayment plans and a framework for cross-border insolvency, significantly speeding up resolutions.
About LawCrust Legal Consultation.
LawCrust Legal Consulting, a subsidiary of LawCrust Global Consulting Ltd., is a trusted legal partner for NRIs and Indians across the globe. Backed by a team of over 70 expert lawyers and more than 25 empanelled law firms, we offer a wide range of Premium Legal Services both in India and internationally. Our expertise spans across legal finance, litigation management, matrimonial disputes, property matters, estate planning, heirship certificates, RERA, and builder-related legal issues.
In addition to personal legal matters, LawCrust also provides expert support in complex corporate areas such as foreign direct investment (FDI), foreign institutional investment (FII), mergers & acquisitions, and fundraising. We also assist clients with OCI and immigration matters, startup solutions, and hybrid consulting solutions. Consistently ranked among the top legal consulting firms in India, LawCrust proudly delivers customised legal solutions across the UK, USA, Canada, Europe, Australia, APAC, and EMEA, offering culturally informed and cross-border expertise to meet the unique needs of the global Indian community.