IBC & Insolvency Lawyer — NCLT Bengaluru
Unified Chambers and Associates represents financial and operational creditors, and corporate debtors, before NCLT Bengaluru — which has territorial jurisdiction over corporate debtors with a registered office in Karnataka. Section 7 and Section 9 CIRP petitions, Committee-of-Creditors representation, resolution plans, and liquidation, on matters with a default of ₹1 crore or more.
Jurisdiction of NCLT Bengaluru
Under the Insolvency and Bankruptcy Code 2016, an insolvency petition must be filed before the NCLT bench having territorial jurisdiction over the registered office of the corporate debtor (not the place where the default occurred). NCLT Bengaluru accordingly hears matters for companies registered in:
NCLT territorial jurisdiction is fixed by Ministry of Corporate Affairs notification and is periodically re-allocated as new benches are constituted; confirm the current bench allocation for a specific registered office before filing.
What we handle before NCLT Bengaluru
Section 7 — Financial Creditor
CIRP petitions by banks, NBFCs, and other financial creditors on a default of ₹1 crore or more, with the IU record and proposed IRP.
Section 9 — Operational Creditor
CIRP petitions by operational creditors following a Section 8 demand notice and the statutory dispute window.
Committee of Creditors
Representation of creditors on the CoC — voting on the resolution plan, the resolution professional, and commercial decisions.
Resolution & Liquidation
Resolution-plan scrutiny and approval, and liquidation proceedings where no plan is approved within the CIRP timeline.
Frequently Asked Questions
Which corporate debtors fall under NCLT Bengaluru?
NCLT Bengaluru has territorial jurisdiction over corporate debtors whose registered office is situated in Karnataka. Under the IBC, an insolvency petition (whether by a financial creditor under Section 7, an operational creditor under Section 9, or the corporate applicant under Section 10) must be filed before the NCLT bench having jurisdiction over the registered office of the company — so the location of the registered office, not the place of default, determines the bench.
What is the minimum default to file a CIRP petition?
A Corporate Insolvency Resolution Process can be triggered before NCLT Bengaluru only where the default is ₹1 crore or more — the threshold notified by the Central Government on 24 March 2020 (raised from the original ₹1 lakh). Below this threshold, the IBC route is unavailable and recovery is pursued through the DRT (for debts of ₹20 lakh and above) or the civil/commercial courts.
How long does a CIRP take at NCLT Bengaluru?
The IBC sets a statutory outer limit of 330 days for the Corporate Insolvency Resolution Process — an initial 180 days, extendable by up to 90 days, with the outer limit intended to include time spent in litigation. In practice, complex matters before any NCLT bench can exceed this due to litigation before the NCLT, NCLAT, and the Supreme Court, but the headline statutory framework is 180 + 90 within a 330-day ceiling.
What is the difference between filing IBC and going to the DRT?
The DRT is an individual-creditor recovery remedy that produces a Recovery Certificate. The IBC is a collective insolvency-resolution process before NCLT Bengaluru: once admitted, a Section 14 moratorium freezes all individual recovery actions (including DRT and SARFAESI) and channels the matter through the Committee of Creditors towards a resolution plan or liquidation. Choose the IBC for a genuinely distressed corporate debtor where the default is ₹1 crore or more; choose the DRT to recover from a borrower who can pay.
Related: IBC / NCLT practice · IBC vs DRT · NPA recovery. For a CIRP matter before NCLT Bengaluru, contact Unified Chambers and Associates at legal@unifiedchambers.com or +91 84008 60008.