Ramniwas Surajmal

The Insolvency and Bankruptcy Code (IBC) introduced a structured, time-bound framework to resolve corporate financial distress in India. One of the most important roles under this framework is that of the Insolvency Professional (IP) . A common question for businesses and creditors is, "Who is the insolvency professional under the IBC, and what do they do?" This is where guidance from an experienced IBC corporate insolvency lawyer becomes especially valuable. Understanding the Role of an Insolvency Professional An insolvency professional is an individual authorized under the IBC to manage insolvency proceedings. Once a Corporate Insolvency Resolution Process (CIRP) is admitted by the NCLT , the insolvency professional takes control of the company’s operations and works toward a lawful resolution. They act as an independent officer of the process, ensuring transparency, compliance, and fairness to all stakeholders. Who Can Become an Insolvency Professional? To qualify as an I...

Overdue loans are a serious concern for banks and financial institutions. When repayments are delayed for long periods, they impact cash flow, asset quality, and regulatory compliance. While internal recovery teams handle early-stage defaults, there comes a point where professional banking recovery legal services become essential. Knowing when to seek legal support can significantly improve recovery outcomes and reduce long-term financial risk. Understanding Overdue Loans and Recovery Challenges Loan accounts turn overdue when borrowers fail to repay EMIs or loan amounts within agreed timelines. As delays increase, accounts may become stressed or classified as Non-Performing Assets (NPAs). Recovery becomes challenging due to: Borrower resistance or non-cooperation Legal safeguards available to borrowers Strict RBI and judicial guidelines Risk of procedural errors At this stage, legal expertise is critical to ensure recovery actions are lawful and effective. When Internal Recovery Effo...

If you are a law student or a recent graduate searching for corporate law firms in Bangalore for internships , you are already on the right path. Bangalore is one of India’s biggest corporate and startup hubs, which makes it an ideal place to gain hands-on exposure to real business law matters. Interning at a reputed corporate legal advisory firm in Bangalore can help you build practical skills, understand corporate transactions, and prepare for a successful legal career. Why Bangalore Is the Best City for Corporate Law Internships Bangalore is home to thousands of startups, IT companies, manufacturing firms, fintech businesses, and multinational corporations. All of these organizations rely on corporate law firms for compliance, contracts, investments, mergers, and regulatory approvals. This creates a high demand for skilled legal professionals and gives interns the opportunity to work on real corporate matters instead of just theoretical assignments. When you join a corporate law fi...