With effect from June 1, 2016, the Central Government constituted a specialized forum (the NCLT) to deal with company matters. In the first phase, the Ministry of Corporate Affairs had set up eleven Benches covering all major States and Union Territories. Subsequently, more Benches at Cuttack, Jaipur, Kochi, Amravati, and Indore have been setup.
We have an expertise in matters relating to the Insolvency & Bankruptcy Code (IBC) and regularly assist our clients on timely action and complex issues with NCLT claims.
Proceedings with NCLT under IBC can be initiated if there is an undisputed and acknowledged debt in writing.

• It is cost and time effective as the proceedings are comparatively expeditious.

• No jurisdiction issue is involved.

Recovery suits under the Civil Procedure Code and Commercial Courts Act are filed to recover both commercial and consumer debts when there is no unequivocal undertaking or acknowledgement from the debtor, especially when the debtor is not a registered company.

In cases involving misrepresentation, fraud, cheque dishonour and cheating, we give advice on initiation of criminal proceedings against the debtor. Such matters are dealt with by a separate panel of eminent criminal lawyers associated with MNS.

MNS has experience in dealing with Arbitration matters from the inception i.e. from the appointment of the Arbitrator, filing of pleadings, conclusion of final hearings, till the passing and execution of the Award through lawyers associated with us.

MNS is associated with some of the top independent lawyers in India, who are well-versed in handling matters relating to Execution of Foreign Decrees. They provide such services to MNS at very competitive fees.

MNS has an experienced team which handles matters involving International Trade Law and provides innovative and commercial solutions to international trade issues. These professionals are skilled in the laws and regulations that apply to cross border transactions and have enormous experience in advising companies on formulating and executing their international trade strategies.