|BANKRUPTCY & INSOLVENCY|
The Bankruptcy Ordinance gives preferential rights to creditors seeking recovery through bankruptcy, insolvency or debt moratorium proceedings.
As such, the law provides for the appointment of private administrators and receivers to assist the respective parties recover financial rights and settling outstanding debts.
Kusnandar & Co. has been specially licensed to act as bankruptcy receiver and/or administrator under the Ordinance.
Kusnandar & Co, is also qualified to litigate bankruptcy and insolvency proceedings in the Commercial Court.
In our capacity as bankruptcy litigators, we assist creditors and debtors to prepare and file petitions for bankruptcy and debt moratorium and provide representation at all levels of the proceedings, including negotiation and liaison with other professionals involved.