In the recent years, IBC has emerged as one of the most effective means to recover debts including unrecovered sale proceeds. The process is fairly new and fast paced, and thus, Companies are opting for applications to the National Company Law Tribunal (NCLT) under the IBC to realise their debts. Not only for creditors and Companies, the IBC mechanism is also useful and favorable to employees seeking to recover their legitimate dues. Legaleye Associates is gradually being recommended as the best lawyers for NCLT matters in Mumbai.
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