Practice Area

Banking, Finance & Debt Recovery

Protecting Lenders. Defending Borrowers. Before Every Financial Forum.

Disputes in the banking and finance space move quickly and carry significant financial consequences. At Chopra and Associates, we represent lenders, borrowers, guarantors, and financial institutions in debt recovery, insolvency, and banking litigation before Debt Recovery Tribunals, the NCLT, High Courts, and the Hon'ble Supreme Court.

We represent lenders, borrowers, and financial institutions before the Debt Recovery Tribunals (DRT), Debt Recovery Appellate Tribunals (DRAT), and the National Company Law Tribunal (NCLT).

From DRT and SARFAESI proceedings to IBC insolvency, bank account defreezing, cheque dishonour litigation, and NBFC advisory, we protect lenders and defend borrowers before every financial forum.

Our Work

What We Do

Debt Recovery Tribunal (DRT) Proceedings

We represent banks, NBFCs, and financial institutions in Original Applications (OAs) for debt recovery before the Debt Recovery Tribunal — and represent borrowers and guarantors in contesting such applications and filing Counter Claims. We also appear before the Debt Recovery Appellate Tribunal (DRAT) in appeals.

SARFAESI Act Proceedings

We represent secured creditors in enforcement of security interest under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 — and represent borrowers challenging wrongful action under the SARFAESI Act before the DRT and High Courts.

Insolvency and Bankruptcy (IBC)

We appear before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) in proceedings under the Insolvency and Bankruptcy Code, 2016 — including Corporate Insolvency Resolution Process (CIRP) petitions, liquidation proceedings, and personal insolvency matters involving personal guarantors.

Bank Account Freezing and Defreezing

We represent individuals and businesses whose bank accounts have been frozen in the course of cybercrime or criminal investigations — filing representations before investigating agencies, applications before Magistrate Courts under Sections 497 and 503 BNSS, and writ petitions before High Courts where the freeze is disproportionate or unlawful. We are well-versed in the procedural framework established by the MHA/I4C SOP (January 2026) and the landmark rulings of the Allahabad and Delhi High Courts on this issue.

Cheque Dishonour Litigation

We handle Section 138 NI Act complaints and defence representation at all stages — from drafting and serving the statutory demand notice, through trial before the Magistrate Court, to appeals before the Sessions Court and High Court. Our practice in this area is informed by the Hon'ble Supreme Court's most recent directions in Sanjabij Tari v. Kishore S. Borcar (2025).

Loan Documentation and Security Creation

We advise lenders and borrowers on loan documentation, mortgage creation, pledge and hypothecation agreements, guarantee documentation, and security enforcement.

NBFC and Financial Institution Advisory

We advise NBFCs and financial institutions on regulatory compliance, RBI guidelines, and documentation — and represent them in regulatory proceedings before RBI and SEBI.

Focus Areas

Key Matters We Handle

Debt recovery proceedings before DRT and DRAT
SARFAESI Act proceedings — representation of banks and borrowers
Insolvency and bankruptcy proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC)
Corporate insolvency resolution process (CIRP) and liquidation proceedings
Loan documentation, security creation, and enforcement advisory
NBFC and financial institution regulatory advisory
Personal guarantor insolvency proceedings

Need advice on this matter?

Speak with advocates who appear personally in every matter they accept.

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Forums

Courts We Appear Before

01 Hon'ble Supreme Court of India

02 Hon'ble High Court of Punjab and Haryana at Chandigarh

03 Hon'ble High Court of Himachal Pradesh at Shimla

04 District and Sessions Courts across Punjab, Haryana, and Himachal Pradesh

Why Choose Us

Experience You Can Rely On. Advocacy You Can Trust.

Choosing the right advocate is one of the most consequential decisions you will make when facing a legal matter. What sets us apart is not just what we know — it is how we apply that knowledge in court, in negotiations, and in the advice we give.

Deep Courtroom Experience

Our advocates appear before the Hon'ble Supreme Court, High Courts of Punjab & Haryana and Himachal Pradesh, District Courts, and specialised Tribunals. When you instruct us, our advocates appear for you.

Informed by the Latest Law

We stay current with significant judgments, legislative amendments, and regulatory developments that affect our clients — and bring that knowledge to every matter.

Precision in Drafting

We invest exceptional care in every petition, application, plaint, and notice — because precision at the drafting stage shapes outcomes at the hearing stage.

Transparent and Accessible

We explain the law, the strategy, and realistic prospects clearly. We do not speak in jargon. We do not make promises we cannot keep.

Sensitive to What Is at Stake

Whether your matter involves liberty, property, business, or fundamental rights, we understand the stakes extend far beyond the legal question.

Pan-India Reach with Regional Strength

Our primary courts are in Chandigarh, Shimla, and the Hon'ble Supreme Court of India, with trusted co-counsel across India for matters in other jurisdictions.

FAQs

Frequently Asked Questions

How do I know if my matter requires a lawyer?

If your matter involves a court proceeding, a government notice, a police complaint, a contract dispute, a property claim, or any situation where your rights or obligations are in question, you should consult a lawyer. Many legal problems become significantly more difficult to resolve the longer they are left unaddressed. We offer an initial consultation to help you understand your position and options clearly.

Will a senior advocate personally handle my case?

Yes. At Chopra and Associates, our senior advocates are personally involved in every matter we accept — from the initial advice through drafting, preparation, and court appearances. We do not pass matters to junior staff without supervision. You will always know who is handling your case and will have direct access to them.

How long will my case take?

Timelines in Indian litigation vary considerably depending on the court, the nature of the matter, and how the other side conducts itself. We give you a realistic assessment of the likely timeline at the outset — based on the specific court, the current workload of the relevant bench, and the procedural steps involved. We do not make unrealistic promises about timeframes.

What should I bring to my first consultation?

Bring all documents relating to your matter — FIR copies, court orders, contracts, property documents, correspondence, legal notices, and any government communications. Even if you are unsure whether a document is relevant, bring it. The more information we have at the first meeting, the more precise our initial advice will be.

Do you take cases on an urgent basis?

Yes. We understand that many legal matters — particularly bail applications, injunctions, writ petitions involving illegal detention, and bank account freezing matters — are time-critical. We are equipped to respond urgently, draft applications on short notice, and seek urgent listing before the appropriate court.

Do you handle matters for Non-Resident Indians (NRIs)?

Yes. We regularly advise and represent NRI clients in property disputes, matrimonial matters, succession and inheritance claims, and other litigation involving Indian courts and law. We ensure that distance does not compromise the quality of representation or the regularity of communication.

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