AdVocate harshit Sachar | chamber no: 617 | district courts ludhiana | 2817 gurdev nagar ludhiana | ✆+91 7889228369
The process of liquidation demands precise legal representation to recover company assets and debts through court proceedings. Sachar Law Firm, based in Ludhiana, provides experienced legal support to Company Liquidators, Insolvency Professionals, and Financial Institutions in executing recovery actions before District and Civil Courts.
Our approach focuses on maintaining procedural integrity, ensuring transparency, and achieving efficient recoveries within the framework of the Companies Act, 2013 and the Insolvency and Bankruptcy Code (IBC).
🏛️ Our Services Include:
Filing and defending recovery suits for companies under liquidation
Legal representation before District, Civil, and NCLT courts
Drafting of applications under Section 279 & Section 290 of the Companies Act
Enforcement of decrees and execution proceedings
Advising on asset tracing, debtor defaults, and property attachments
Assisting in obtaining leave from NCLT for multiple proceedings
Preparation of status reports and filings on behalf of Liquidators
⚖️ Why Choose Sachar Law Firm
Experienced representation in liquidation-related recovery litigation at Ludhiana Courts
Legally sound documentation, drafting, and procedural compliance
Transparent reporting and coordination with Liquidators and Official Receivers
Emphasis on timely execution and result-oriented recovery
💼 Clients We Assist:
Company Liquidators and Insolvency Professionals
Chartered Accountants and Official Receivers handling winding-up
Financial creditors, secured lenders, and statutory bodies
📍 Jurisdiction:
District & Civil Courts Ludhiana | Punjab & Haryana High Court (where applicable)
⚖️ Conclusion:
At Sachar Law Firm, we recognize that corporate liquidation cases are not only legal proceedings but fiduciary responsibilities. Our team provides the structured support and legal precision necessary to convert paper claims into realized recoveries — efficiently, lawfully, and transparently.
FAQs – Corporate Liquidation and Recovery Proceedings in District Court
1️⃣ What is the role of a District Court in company liquidation or recovery matters?
While the primary jurisdiction for liquidation lies with the National Company Law Tribunal (NCLT), District Courts handle related civil recovery suits, enforcement of decrees, attachment proceedings, and execution of orders issued under liquidation or insolvency processes.
2️⃣ Can a Liquidator file a recovery suit in a District Court?
Yes. A Company Liquidator or Official Liquidator can file a recovery suit in the District Court after obtaining permission from the NCLT under Section 279 of the Companies Act, 2013. Such suits are filed to recover dues, enforce claims, or secure company assets.
3️⃣ When does a Liquidator need legal representation in District Court?
A Liquidator requires court representation for recovery proceedings, execution of decrees, injunctions against defaulters, or disputes involving company assets. Legal assistance ensures compliance with court procedures and timely progress in such matters.
4️⃣ How does a Liquidator initiate a recovery action against a defaulter?
After obtaining NCLT approval, the Liquidator may issue a legal notice to the defaulter and, if unpaid, file a civil recovery suit before the District Court having jurisdiction over the debtor’s place of business or property.
5️⃣ What documents are required for filing a recovery case under liquidation?
Essential documents include:
Copy of NCLT liquidation order
Proof of debt or claim details
Correspondence or transaction documents with the debtor
Authorisation letter from the Liquidator
Statement of account and company records
6️⃣ Can proceedings in District Court run parallel to NCLT proceedings?
Yes, but only after obtaining leave of the NCLT, ensuring that the court action does not conflict with the ongoing liquidation process. Both proceedings often complement each other to achieve recovery or enforcement.
7️⃣ What types of cases arise during corporate liquidation?
Common matters include:
Civil recovery suits for unpaid dues
Execution of decrees or awards
Attachment and injunction petitions
Property possession and asset protection matters
8️⃣ How long does a recovery proceeding in District Court usually take?
The duration depends on the nature of the dispute and response from the opposite party. However, with proper documentation and representation, cases involving clear debts can progress efficiently within a few months.
9️⃣ Can Liquidators appoint advocates outside their own city or state?
Yes. Liquidators and Insolvency Professionals frequently appoint local advocates in different jurisdictions to represent matters before District Courts, ensuring efficient local coordination and cost-effective litigation.
🔟 How can Sachar Law Firm assist in liquidation and recovery cases?
Sachar Law Firm provides court representation, drafting, and procedural assistance to Liquidators and Insolvency Professionals in Ludhiana. The firm helps with filing suits, execution proceedings, and coordination with the NCLT and Official Liquidator’s office for complete case management.
⚖️ Expert Legal Assistance for Liquidators, Insolvency Professionals, and Creditors
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Advocate Harshit SACHAR
2817, 1st Floor , Gurdev Nagar, Ludhiana, Punjab -141001
Address: Office Cum Res:
Corporate Liquidation and Recovery Litigation
☎️ 0161 7965410
