Representation of Corporate and Institutional Clients Before the NCLT, DRT, DRAT, and the Delhi High Court in Commercial and Banking Matters
Maanlex Global Partners LLP has developed experience in corporate, banking, and commercial matters, representing clients — including corporations, banks, financial institutions, and technology companies — before the National Company Law Tribunal (NCLT), Debt Recovery Tribunal (DRT), Debt Recovery Appellate Tribunal (DRAT), the Delhi High Court, and the Labour Court.
The firm maintains active panels with several leading public sector banks and has represented a range of private sector clients in IT, infrastructure, and consumer goods sectors. The firm also handles matters under the Arbitration and Conciliation Act, 1996, and advises on commercial contracts and corporate compliance.
Service overview
Corporate and commercial litigation encompasses a diverse range of disputes — from insolvency and debt recovery proceedings before specialised tribunals, to commercial suits and writ petitions before the High Court. The firm approaches each matter with an understanding of both the legal framework and the commercial context of the dispute.
- Proceedings before the National Company Law Tribunal (NCLT) — Principal Bench, New Delhi
- Debt recovery applications and proceedings before the Debt Recovery Tribunal (DRT), Delhi
- Appeals before the Debt Recovery Appellate Tribunal (DRAT) against DRT orders
- Commercial litigation and writ petitions before the Delhi High Court
Kye features
The firm has appeared on behalf of leading public sector banks including Punjab National Bank, State Bank of India, and UCO Bank, and private sector clients including companies in IT, manufacturing, and financial services sectors. The firm's experience spans both creditor-side and debtor-side representation in banking and insolvency matters.
Arbitration offers an alternative to court litigation for commercial disputes, providing a confidential and relatively time-efficient forum for resolution. The firm advises on arbitration clauses in commercial contracts, represents parties in arbitral proceedings, and handles court proceedings arising from arbitral awards, including enforcement and setting-aside applications.
Banking & Debt Recovery
Representing banks and financial institutions before the DRT and DRAT in debt recovery proceedings under the Recovery of Debts and Bankruptcy Act, 1993.
Company Law & Insolvency
: Appearing before the NCLT in matters under the Companies Act, 2013, and the Insolvency and Bankruptcy Code, 2016, including insolvency applications and company law disputes.
Arbitration & Commercial Advisory
Advising on commercial contracts, representing parties in arbitration proceedings, and handling court matters arising from arbitral awards.
General questions
The National Company Law Tribunal (NCLT) is a statutory body under the Companies Act, 2013. It handles insolvency proceedings under the Insolvency and Bankruptcy Code (IBC) 2016, company law disputes, oppression and mismanagement petitions, merger and amalgamation applications, and winding up petitions.
The Debt Recovery Tribunal (DRT) adjudicates original applications filed by banks and financial institutions for recovery of debts above ₹20 lakh under the Recovery of Debts and Bankruptcy Act, 1993. The Debt Recovery Appellate Tribunal (DRAT) hears appeals from DRT orders.
The IBC provides for the resolution and liquidation of corporate insolvency through the NCLT. A financial or operational creditor may file an insolvency application against a corporate debtor that has defaulted on a debt above the statutory threshold. The NCLT appoints a resolution professional to manage the corporate insolvency resolution process.
Yes. Under Section 34 of the Arbitration and Conciliation Act, 1996, an arbitral award may be set aside by the court on limited grounds specified in the section, including patent illegality, conflict with public policy, and incapacity of a party. The application must be filed within three months of receipt of the award.
Labour Courts handle industrial disputes between employers and employees relating to discharge, dismissal, retrenchment, and related service conditions under the Industrial Disputes Act, 1947. They also hear matters under the Payment of Wages Act and other labour legislation.
