“When finances collapse, the right legal strategy can save your business, your future, and your peace of mind.”
India’s Insolvency & Bankruptcy Legal Consultants-LawCrust
At Lawcrust, we help Indian businesses, startups, MSMEs, and individuals navigate financial stress, insolvency, bankruptcy, debt recovery actions, NCLT proceedings, and high-pressure legal situations
Our goal is simple: Protect you before the crisis and guide you safely if it arrives
Latest Data Points Every Indian Should Know
A Shocking Reality: Insolvency in India Is Rising
ChatGPT said:
India has seen over 40,900 insolvency cases in NCLT and more than 2,800 personal filings. Personal insolvency applications doubled in FY 2024–25, and nearly 30,000 cases were settled before admission, reflecting growing financial stress across the country.
Why This Matters
ChatGPT said:
Financial stress rarely appears suddenly. Most insolvency cases show clear warning signs long before the final collapse. With timely guidance and the right legal support, you can often prevent insolvency altogether
What Happens When Someone Hits Insolvency or Bankruptcy?
In India, insolvency brings real financial, emotional, and social consequences
Loss of business control and credibility
Promoters lose command of operations during CIRP as the RP takes full charge of the company’s functions
Credit score impact and loan rejection
CIBIL scores drop sharply, making approvals harder and reducing long-term financial confidence for all parties
Reputation loss and social pressure
Bankruptcy affects business ties, family image, investor trust, professional identity, and future prospects
Emotional strain and family stress
People in insolvency often face emotional pressure, strained relationships, reduced morale, and daily stress
Lengthy and draining NCLT process
NCLT matters may run for years, draining time, money, mental peace while slowing the entire resolution path
Who We Help

Small Businesses & MSMEs

Startups and
Founders

Corporates & Large Enterprises

Individuals, Guarantors & Families

High-debt professionals & entrepreneurs

Partnership firms & LLPs
How LawCrust Helps You Avoid or Overcome Insolvency

Pre-Insolvency Risk
Assessment
We spot early risks and build strategies that prevent financial trouble before it grows into a full insolvency situation

Corporate Insolvency Resolution (CIRP) Support
We help companies handle filings, work with creditors and move through the NCLT process for a smooth resolution

Personal Insolvency & Bankruptcy Advisory
We assist individuals facing heavy debt, creditor action or legal notices and help them plan a practical path to recovery

Debt Restructuring & Creditor Negotiation
We negotiate with banks, NBFCs and creditors to reduce liability, settle dues and stabilise your financial position

NCLT Representation for Businesses & Individuals
We represent clients in all IBC matters including insolvency, bankruptcy, CIRP, liquidation and related appeal cases

Liquidation Advisory & Compliance
We support you through the liquidation process, safeguard assets and ensure a compliant closure with minimal loss
Why Clients Choose LawCrust
I was overwhelmed with my debt situation and didn’t know where to turn. LawCrust’s debt restructuring service was a lifesaver! They helped me reorganize my debts and negotiate better repayment terms. Now, I can manage my finances without fear. Thank you, LawCrust, for being a trusted debt restructuring firm!
LawCrust’s team provided me with the guidance and support I needed to handle my bankruptcy case. They walked me through each step, from filing to resolution, with clear and simple advice. If you’re looking for an insolvency lawyer who truly cares, I highly recommend LawCrust!
Our business faced severe financial trouble with debts over ₹1 crore. LawCrust stepped in with a detailed restructuring plan that gave us breathing room to recover and keep operations going. Their professional support in corporate insolvency law made all the difference!
There expert bankruptcy team helped me find a way out of a difficult situation. They negotiated with creditors on my behalf and made the process stress-free. I’m grateful for their insolvency and bankruptcy expertise—it was the right choice for anyone facing financial hardship.
Contact Us
Frequency Asked Question
LawCrust stands out for its extensive experience, client-focused approach, and proven track record in managing insolvency and bankruptcy cases. Our team provides personalized strategies and expert guidance at every stage, helping clients navigate financial challenges with confidence
In India, individuals, partnerships, and companies can file for bankruptcy. Corporates typically go through the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016
CIRP is a structured process under the IBC, 2016, for corporate entities in financial distress. It involves appointing a resolution professional to manage assets, explore restructuring options, and settle creditor claims
Your data is protected under ISO-certified information security standards, secure cloud collaboration platforms, and strict non-disclosure agreements (NDAs). LawCrust employs multi-layer encryption and controlled access protocols to guarantee complete client confidentiality.
LawCrust specializes in Corporate Insolvency Resolution Processes (CIRP), personal bankruptcy support, asset liquidation, debt restructuring, and debt recovery. Each service is tailored to facilitate a smooth, efficient, and equitable resolution
Insolvency means being unable to pay debts when they are due. Bankruptcy is the formal legal process that follows insolvency
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CIN: U69100MH2023PLC413428 | D-U-N-S Number : 756069275