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“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

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

Related Blogs

Navigating Financial Crossroads: Best Insolvency and Bankruptcy Lawyers in India

Reverse Mergers and Bankruptcy Law | LawCrust

Personal Bankruptcy Laws in India | LawCrust

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