If you run a business in Delhi, or you are owed money by one, the National Company Law Tribunal is often where the hardest corporate disputes end up. A supplier with a large unpaid bill, a lender facing a default, a shareholder pushed out of a family company, a director worried about personal liability: all of these can lead to the NCLT, and from there to the NCLAT. In Delhi, both sit in the CGO Complex on Lodhi Road.
We are a litigation practice led by Advocate BK Singh, with our main office in Dwarka, New Delhi, and a second office in Vaishali, Ghaziabad. We handle NCLT and NCLAT matters for Delhi businesses and individuals from the first notice to the final appeal, and we appear in person at CGO Complex. This page explains what we do for clients in Delhi, how a first meeting works, which forum suits which problem, and what to expect in time and cost.
हिंदी में सारांश
दिल्ली में कारोबार करने वालों के लिए दिवाला (IBC) और कंपनी कानून के मामले NCLT नई दिल्ली में और अपील NCLAT नई दिल्ली में होती है, दोनों CGO कॉम्प्लेक्स, लोधी रोड पर हैं। हमारा मुख्य ऑफिस द्वारका, नई दिल्ली में है और पूर्वी दिल्ली व UP के लिए वैशाली, गाज़ियाबाद में दूसरा ऑफिस है। हम पहली मुलाकात में आपके कागज़ देखकर साफ़ बताते हैं कि NCLT सही रास्ता है या नहीं।
Is this your situation?
- A Delhi company owes your business Rs 1 crore or more and has stopped responding
- Your Delhi company has received a demand notice or an insolvency petition
- You lent money to a Delhi company or its promoters and the loan is in default
- You are a shareholder or director of a Delhi company and are being sidelined
- Your company is planning a merger, demerger or capital reduction
- You have guaranteed a company loan and the lender has written to you
- An NCLT order has gone against you and the appeal deadline is running
What we do for clients in Delhi
Creditors recovering money
Demand notices under Section 8, petitions under Section 9 and Section 7, and claims in a CIRP.
Companies defending petitions
Replies to demand notices, defence of insolvency petitions and settlement under Section 12A.
Shareholders and directors
Oppression and mismanagement, illegal removal of directors, illegal share allotment and family business disputes.
Restructuring and schemes
Mergers, demergers, capital reduction and compromise with creditors.
Promoters and guarantors
Rights of suspended directors, personal guarantor defence and Section 29A advice.
Appeals
NCLAT appeals in IBC cases, company law appeals and urgent stays.
Delhi's business mix and the cases it produces
Delhi has a very large number of registered companies, many of them small and medium businesses in trading, services and real estate, along with holding companies of groups that operate across north India. The cases we see reflect that mix. Traders in the old commercial areas often have long credit chains, so supplier claims under Section 9 are common, but so are disputes about quality and short supply that make insolvency the wrong tool. Real estate groups registered in Delhi often have projects in Noida, Gurugram and beyond, which makes jurisdiction a live question. Family businesses that started as partnerships and became private companies produce oppression cases when the next generation takes over.
Because so many group holding companies are registered in Delhi, lenders and suppliers sometimes find that the company that owes them is a Delhi entity even though the factory or project is elsewhere. We check the company's master data on the MCA portal at the start of every matter, because the registered office decides the bench, as explained on our NCLT New Delhi page.
How a first matter with us usually runs
Send us the papers
Share the invoices, loan documents, notices or company records by email or WhatsApp. For company disputes, the MCA filings are often the starting point.
First meeting
We meet at our Dwarka office or by video. We go through the facts, the dates and the documents, and tell you whether the NCLT is the right forum at all.
Written advice and fee terms
We set out the options, the risks, the timeline and our fee for each stage in writing.
Notices and filing
Where a notice is needed first, we send it and track the response period. We then draft, file and serve the petition or application.
Hearings and updates
We appear at CGO Complex and send you a short note after every hearing explaining what happened and what comes next.
Which Delhi forum for which problem
| Problem | Usual forum |
|---|---|
| Undisputed trade debt of Rs 1 crore or more owed by a company | NCLT New Delhi under Section 9, after a demand notice |
| Disputed trade debt, or below Rs 1 crore | Commercial court, after pre-institution mediation; the Delhi High Court's commercial division hears high-value suits |
| Bank or NBFC loan recovery | Debts Recovery Tribunals in Delhi, SARFAESI, or NCLT under Section 7 |
| Homebuyer refund from a Delhi project | Delhi RERA, consumer commission or NCLT for groups of allottees |
| Shareholder exclusion, dilution, removal | NCLT New Delhi under Sections 241–242 |
| Cheque bounce against a director | Criminal court under Section 138 NI Act; may run alongside NCLT |
Time and typical cost
Our fees are agreed in writing at the start, stage by stage. They are not linked to the outcome.
| Stage | Usual time | What it involves |
|---|---|---|
| First meeting and review | Within 2 to 3 working days of receiving papers | Our fee for the opinion |
| Demand notice (Section 8) | 2 to 4 days to draft and send; 10 days for reply | Our fee |
| Petition drafting and e-filing | 1 to 2 weeks after papers are complete | NCLT filing fee; our fee |
| Hearing up to admission | A few weeks to some months | Appearance fee per stage |
| Company petitions and appeals | Months, depending on the matter | Agreed in advance |
What to bring to the first meeting
For a debt
- Invoices, purchase orders, delivery proof and ledger
- Loan agreement, disbursal proof and statement of account
- Any emails or letters about payment or complaints
For a company dispute
- Share certificates and the latest annual return
- Notices, minutes and resolutions you object to
- Shareholders' agreement or family settlement, if any
If you have received a notice
- The notice or petition with annexures
- Your records of payments and any dispute raised
Company details
- Name and CIN of the company involved
Laws that apply
Petitions under Sections 7, 9 and 10, claims, resolution plans, liquidation and personal guarantor insolvency.
Oppression, schemes, capital reduction, restoration and other company petitions before the NCLT.
The route for disputed commercial claims, with pre-institution mediation under Section 12A.
Generally a three-year limit for insolvency petitions from the date of default, extended by written acknowledgments.
How we work for Delhi clients
We are a litigation practice led by Advocate BK Singh, with offices in Dwarka (New Delhi) and Vaishali (Ghaziabad). This is what you can expect:
- Straight advice first: whether the NCLT is right for you, or whether a suit, DRT case or negotiation is better.
- In-person appearance at CGO Complex: we are close enough to be there for every hearing.
- Deadlines tracked from day one: limitation, the ten-day notice period and appeal deadlines.
- Regular updates: a short note after every hearing.
- Written fee terms: agreed stage by stage, never linked to the outcome.
Mistakes Delhi clients often make
- Filing insolvency for a debt the buyer has already disputed in writing
- Assuming a Delhi office means a Delhi registered office
- Waiting more than three years from default without a written acknowledgment
- Ignoring a demand notice in the hope it goes away
- Treating a family company dispute as a private matter until the board has already changed
A Delhi trader and a wholesale buyer
Here's a made-up example. A Chandni Chowk fabric trader had supplied goods worth Rs 1.4 crore over eighteen months to a garment company registered in Okhla. The buyer had acknowledged the balance in a ledger confirmation signed at the end of the last financial year, and had never complained about quality.
We met the trader at our Dwarka office, checked the master data and the ledger confirmation, and sent a demand notice under Section 8. When no notice of dispute came within ten days, we filed a Section 9 application before NCLT New Delhi. At the second hearing, the buyer proposed a payment plan over five months with interest, backed by post-dated cheques, which the trader accepted. The application was withdrawn before admission.
A daughter excluded from a family company
Here's a second made-up example. After her father's death, a woman holding 30% of a Delhi family company found that her brothers had held a board meeting without her, appointed their wives as directors and approved a sale of the company's warehouse to a firm owned by one brother.
We filed an oppression and mismanagement petition before NCLT New Delhi with an urgent application. At the first hearing, the bench restrained the sale of the warehouse and directed that no further changes be made to the board until the next date. The family later agreed in mediation to a buy-out of her shares at a value fixed by an independent valuer.
Directors of Delhi companies: personal exposure
Directors often assume that an insolvency case is the company's problem, not theirs. That is not always so. Once a company is admitted into CIRP, the board is suspended, but directors must cooperate with the resolution professional and hand over records. The professional will review transactions in the years before insolvency, and directors may be named in applications to reverse preferential, undervalued or fraudulent transactions. Under Section 66(2), a director who knew insolvency was unavoidable and did not try to minimise losses to creditors can be ordered to contribute personally.
Separately, most loans to Delhi's small and medium companies are backed by personal guarantees from promoters. Lenders can pursue guarantors under Section 95 before the same NCLT bench, and since 26 May 2026 there is no interim moratorium on filing for guarantors of company loans. Cheque bounce cases under Section 138 of the Negotiable Instruments Act may continue against directors personally even during the company's CIRP. A director facing any of these should take advice early, keep copies of key records, and avoid any payment that favours one creditor over others. See rights of suspended directors and defending a guarantor case.
Restoring and closing old Delhi companies
Delhi has a very large number of companies that were struck off by the ROC for not filing returns. Some still own property or are owed money, and their owners discover the strike-off only when a sale or a bank transaction stalls. A company can be restored by the NCLT under Section 252: within three years by appeal against the ROC's order, or within twenty years by a member, creditor or the company itself, on showing that it was carrying on business or that restoration is just. See restoring a struck-off company. For companies that have assets but no further use, voluntary liquidation closes them properly and protects the directors.
Frequently Asked Questions
Where is your Delhi office?
In Dwarka, New Delhi. We also have an office in Vaishali, Ghaziabad, which suits clients in east Delhi and UP.
Do you appear at NCLT New Delhi yourselves?
Yes. We appear in person at the NCLT and NCLAT at CGO Complex, Lodhi Road.
Can I meet you online?
Yes. We meet by video if you cannot come to the office, and documents can be shared by email or WhatsApp.
What is the minimum default for an insolvency petition?
Rs 1 crore for a company. Smaller debts usually go to a commercial court or another forum.
My business is in Delhi but registered in Noida. Which bench?
NCLT Allahabad, because the registered office is in Uttar Pradesh.
How quickly can you send a demand notice?
Usually within a few days of receiving complete papers.
Do you charge a success fee?
No. Our fees are agreed in writing for each stage and are not linked to the outcome.
What if the other side has already filed against my company?
Send us the petition and the hearing date at once. The early stages often decide the case.
NCLT Matter in Delhi?
Send us your papers or call us. We will tell you plainly whether the NCLT is the right route and what the first step should be.
This page gives general information about the law as it stood when it was last reviewed. It is not legal advice on your case and does not promise any result. IBC rules and NCLT procedures change often, so outcomes depend on your own documents, dates and facts.
Need help with NCLT Lawyer in Delhi for Insolvency and Company Cases?
Send us the notice, the petition or the order. We will tell you where you stand, which bench hears it and the date the next step is due, in plain words.
