Running a business is never without risks. From market fluctuations to operational setbacks, challenges come in many forms. But when financial trouble grows too large to manage, it can threaten the future of the company itself. That’s where IBC services—Insolvency and Bankruptcy Code services—can make a real difference.
What Are IBC Services?
IBC services are designed to support businesses and individuals facing financial distress. They are guided by India’s Insolvency and Bankruptcy Code, which aims to resolve insolvency cases fairly, efficiently, and within a set timeframe.
These services generally include:
Distressed Asset Management
Company Liquidation
Corporate Insolvency Resolution
Bankruptcy Legal Assistance
Each of these plays a unique role in helping businesses deal with different stages of financial difficulty.
Distressed Asset Management
Assets that stop generating returns or lose value over time are considered distressed. Holding on to them without a plan can hurt a company’s financial health.
Distressed Asset Management focuses on identifying such assets, evaluating their worth, and finding the best way to recover or sell them. This helps reduce ongoing losses and allows the business to make better use of its resources.
Company Liquidation
Sometimes, recovery isn’t possible, and the best step is to close the business.Company Liquidation Services is the legal process of selling off assets, settling debts, and ending operations.
With professional support, this process can be handled smoothly and fairly. All parties—including creditors, employees, and company directors—receive the treatment they deserve. Liquidation is not a failure but a responsible way to exit when there’s no path forward.
Corporate Insolvency Resolution
Not every business in financial trouble needs to shut down. Some just need a fresh start. The Corporate Insolvency Resolution helps companies explore whether they can recover with the help of new investors or management.
An insolvency professional takes temporary control of the company, reviews claims from creditors, and evaluates resolution plans. If a plan works, the business gets another chance to succeed.
Bankruptcy Legal Assistance
Bankruptcy Legal Assistance is a legal process that declares a business or individual unable to repay debts. It’s a serious step, and getting it right matters.
This is where legal support becomes essential. The team at Justicewings Lexedge helps clients understand the process, prepare the required documentation, and represent them in court. With the right guidance, even bankruptcy becomes a manageable, lawful step toward resolution.
