ADVOCATE SUDIP PATRA, National Company Law Tribunal (NCLT) advocate

CALL FOR LEGAL ADVICE : 8250422880 / 7002715325 (Click Contact us button at the bottom right to Call or Whatapp us)

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Adv. Sudip Patra, NCLT advocate

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Advocate Sudip Patra (8250422880 / 7003715325)

Experienced Advocate with more than 10 years of experience.

Expert Legal Representation for Company and Insolvency Matters
At Patra’s Law Chambers, we offer specialized legal services for all company-related and insolvency matters at the National Company Law Tribunal (NCLT). Whether you’re dealing with complex company litigation or insolvency proceedings, our experienced team provides strategic, results-oriented representation to safeguard your interests and achieve favorable outcomes.

Secure Expert Legal Support Today:
Call: 8250422880 / 7003715325
Email: [email protected]
Offices:

  • Kolkata: NICCO HOUSE, 6th Floor, 2, Hare Street, Kolkata- 700 001
  • Delhi: 1st Floor, Sadar Bazar Road, Paharganj House No.: 4455/VI, New Delhi-110001
    Website: www.patraslawchambers.com

Patra’s Law Chambers offers an extensive range of corporate legal services covering the entire spectrum of business law, insolvency, and related litigation. With our deep expertise in corporate governance, company law, and insolvency matters, we provide a one-stop solution for all legal needs related to company management, restructuring, and dispute resolution. Below is a detailed breakdown of our services and why you should choose Patra’s Law Chambers for your corporate legal needs.

1. Company Matters & Corporate Governance

Corporate governance and company compliance are fundamental to ensuring that businesses operate within the legal framework and in alignment with shareholders’ interests.

Services Provided:

  • Corporate Compliance & Governance: Advising on statutory compliance with the Companies Act, SEBI regulations, and other relevant laws.
  • Registrar of Companies (ROC) Filings: Assisting with annual filings, forms, and regulatory submissions with the Registrar of Companies.
  • Drafting and Reviewing Resolutions: Drafting board resolutions, shareholders’ agreements, and guiding company secretaries in their preparation.
  • Company Formation and Structuring: Assistance in setting up new companies, drafting Memorandum of Association (MoA) and Articles of Association (AoA), and ensuring regulatory approvals.
  • Corporate Governance Audits: Review of corporate policies and procedures to ensure compliance with governance standards.
  • Shareholder Agreements & Disputes: Drafting agreements between shareholders and assisting with legal remedies for minority oppression.

2. Company Mismanagement & NCLT Proceedings

We specialize in handling cases of company mismanagement, oppression, and other violations under the Companies Act. Our team is adept at navigating complex disputes before the National Company Law Tribunal (NCLT).

Services Provided:

  • Oppression and Mismanagement Cases: Representing shareholders and directors in cases related to oppression and mismanagement under Sections 241 and 242 of the Companies Act.
  • Winding Up & Strike-Off Proceedings: Assisting with the voluntary or court-ordered winding up of companies, filing for company strike-offs, and advising on legal formalities.
  • Account Freezing Issues: Legal assistance in matters involving freezing of bank accounts due to regulatory actions or company disputes.
  • Company Mismanagement Investigations: Conducting legal investigations into mismanagement or fraud and providing remedies to the affected parties.
  • Director & Officer Liability Disputes: Representing directors and officers in liability cases under the Companies Act and corporate governance norms.

3. Insolvency and Bankruptcy Services

Insolvency and Bankruptcy Code (IBC) matters require specialized legal handling to ensure the smooth restructuring of companies or recovery of dues. We provide end-to-end legal services for both corporate insolvency and individual insolvency.

Corporate Insolvency (Company Insolvency)

  • Insolvency Petitions (CIRP): Representing companies and creditors in Corporate Insolvency Resolution Process (CIRP) before NCLT.
  • Resolution Planning: Drafting and submitting resolution plans to maximize recovery or restructure operations in CIRP cases.
  • Liquidation Proceedings: Managing liquidation proceedings under the IBC, including appointment of liquidators and asset sales.
  • Voluntary Insolvency: Advising companies that wish to initiate voluntary insolvency for business closure or restructuring.

Partnership Insolvency

  • Partnership Restructuring: Legal guidance for restructuring or dissolving partnerships under insolvency scenarios.
  • Debt Resolution for Partnerships: Assistance in negotiating with creditors and preparing insolvency proceedings for dissolving partnerships.

Personal Insolvency & Individual Insolvency

  • Personal Guarantors of Corporate Debtors: Representing individuals who have provided personal guarantees for corporate debts and face insolvency actions.
  • Individual Insolvency Filing: Filing insolvency petitions for individuals facing personal bankruptcy and guiding them through the resolution process.

4. Dispute Resolution & NCLT Litigation

Litigation before the National Company Law Tribunal (NCLT) requires a highly specialized approach due to the technical nature of corporate and insolvency law.

Services Provided:

  • NCLT Proceedings: Handling petitions related to mergers, demergers, and restructuring, as well as disputes between shareholders, directors, or partners.
  • IBC Appeals: Filing and defending appeals before the National Company Law Appellate Tribunal (NCLAT) in insolvency and corporate disputes.
  • Corporate Governance Disputes: Resolving corporate governance conflicts, including issues between board members and management.
  • Freezing of Accounts & Asset Disputes: Representing clients in cases involving the freezing of accounts due to regulatory orders, disputes, or NCLT actions.

5. Corporate Filings & Regulatory Compliance

Compliance with statutory and regulatory filings is crucial to avoid penalties and ensure smooth business operations.

Services Provided:

  • Annual ROC Filings: Assistance with filing annual returns, financial statements, and other ROC-related submissions.
  • Statutory Compliance Audits: Periodic audits to ensure compliance with various statutory requirements under the Companies Act, SEBI regulations, and industry-specific laws.
  • Mergers & Acquisitions (M&A) Filings: Regulatory approvals and legal assistance with merger and acquisition filings, including CCI clearances.
  • Corporate Restructuring Filings: Handling filings related to restructuring processes such as demergers, amalgamations, and capital reductions.

6. Why Choose Us?

  • Expertise & Experience: With over 10 years of experience, Patra’s Law Chambers provides highly specialized legal services across corporate law and insolvency matters.
  • Tailored Solutions: We offer bespoke legal solutions tailored to the needs of your business, ensuring that legal strategies align with your commercial goals.
  • Strong Litigation Support: Our team excels in representing clients before NCLT, NCLAT, High Courts, and the Supreme Court, ensuring top-notch advocacy in complex legal matters.
  • One-Stop Legal Service: We cover the entire corporate law and insolvency spectrum, from company formation to insolvency proceedings, offering comprehensive legal support.
  • Client-Centric Approach: We believe in building long-term relationships with our clients by providing timely and cost-effective legal solutions.

FAQs on Corporate Law & Insolvency Services

Q1: What is the role of a corporate lawyer in company mismanagement cases?
A corporate lawyer represents the aggrieved shareholders or directors in cases of oppression or mismanagement. We assist in filing petitions under Sections 241 and 242 of the Companies Act and present legal remedies before NCLT.

Q2: What is the Corporate Insolvency Resolution Process (CIRP)?
CIRP is a legal process under the Insolvency and Bankruptcy Code (IBC) that enables creditors and companies to resolve insolvency by restructuring or selling the company’s assets. It is initiated by filing an insolvency petition before NCLT.

Q3: How can companies avoid penalties for non-compliance?
Maintaining regular statutory filings with the ROC, ensuring compliance with corporate governance standards, and conducting periodic legal audits help in avoiding penalties. Our team assists in ensuring timely submissions and compliance audits.

Q4: Can personal guarantors be held liable for corporate debt?
Yes, personal guarantors of corporate loans can be held liable under the Insolvency and Bankruptcy Code. We represent both personal guarantors and corporate entities in insolvency matters involving personal guarantees.

Q5: What should a company do in the event of a director’s misconduct?
If a director is involved in misconduct, the company can file a petition with NCLT for removal or take legal action for breach of fiduciary duty. We help in preparing legal strategies to resolve director misconduct and initiate appropriate actions.

Q6: What are the steps involved in winding up a company?
The process of winding up involves voluntary or compulsory dissolution of the company, the appointment of a liquidator, sale of assets, and distribution of the proceeds to creditors and shareholders. We guide companies through the entire winding-up process before NCLT.

For any queries or to schedule a consultation, contact us at Patra’s Law Chambers. We are here to help navigate complex corporate and insolvency issues effectively and efficiently.