Corporate Insolvency Resolution Process (CIRP) Support End-to-End CIRP Advisory & Representation
Resolve corporate insolvency with strategic legal expertise under the Insolvency and Bankruptcy Code, 2016 (IBC). Time-bound framework for financial distress resolution, asset value maximization, and business revival.
- CIRP Filing & Admission Support
- Representation before NCLT
- Resolution Plan Advisory
- Committee of Creditors (CoC) Support
What is CIRP?
The Corporate Insolvency Resolution Process (CIRP) is a legal mechanism under the Insolvency and Bankruptcy Code, 2016 (IBC) that enables resolution of corporate insolvency in a time-bound manner, revival of financially distressed companies, maximization of asset value, and protection of creditor interests.
- Resolution of corporate insolvency in a time-bound manner
- Revival of financially distressed companies
- Maximization of asset value
- Protection of creditor interests
Who Needs CIRP Support?
Ideal for corporate debtors, financial creditors, operational creditors, investors & resolution applicants.
Corporate debtors facing insolvency
Financial creditors (banks, NBFCs)
Operational creditors (vendors, suppliers)
Investors & resolution applicants
Our CIRP Support Services
Complete advisory and representation from filing to resolution or liquidation.
CIRP Process Flow
Step-by-step journey under the Insolvency and Bankruptcy Code.
Default Occurs
Trigger event for insolvency
Filing Application
Section 7 / 9 / 10 before NCLT
Admission & Moratorium
NCLT admits case & moratorium begins
IRP Appointment
Interim Resolution Professional takes control
CoC Formation
Committee of Creditors established
Resolution Plan / Liquidation
Revival or liquidation of company
Key Considerations
Critical aspects of CIRP under IBC.
Minimum default threshold applicable
Management control shifts to IRP/RP
Moratorium protects assets
CoC approval is critical
Strict compliance timelines
Why Choose S.K. Agrawal & Co.?
Deep expertise in CIRP & IBC matters
Strong NCLT representation
Strategic advisory for creditors & debtors
End-to-end case management
Trusted by corporates & professionals
Our Service Presence
Based in Delhi & Faridabad, we serve clients across India & globally.
Take Control of Insolvency Resolution
Get expert CIRP support to protect your business and financial interests — Book Case Evaluation.
Frequently Asked Questions
CIRP (Corporate Insolvency Resolution Process) is a legal mechanism under the Insolvency and Bankruptcy Code, 2016 for resolving insolvency of corporate debtors in a time-bound manner.
Financial creditors (under Section 7), operational creditors (under Section 9), or the corporate debtor itself (under Section 10) can initiate CIRP.
Moratorium is a legal protection period under IBC where no recovery action, legal proceedings, or transfer of assets can be taken against the corporate debtor.
The management of the company is taken over by an Interim Resolution Professional (IRP) or Resolution Professional (RP) appointed by NCLT.
CoC stands for Committee of Creditors, comprising financial creditors who make key decisions including approval of resolution plans.
CIRP is mandatorily completed within 180 days from admission, extendable by another 90 days (total 270 days) plus litigation time, max 330 days.
Yes, if a resolution plan is approved by the Committee of Creditors and NCLT, the company can be revived and continue operations.
Yes, we provide complete support from filing, representation, CoC advisory, resolution plan assistance, to liquidation if required.