Micro, Small & Medium Enterprise

MSMEs are businesses classified by size, revenue, and employees, contributing significantly to employment and economic growth.

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Insolvency & Bankruptcy Advisory

Financial distress can be overwhelming for MSMEs, especially when liabilities exceed assets or creditors initiate recovery. Our Insolvency & Bankruptcy Advisory service provides legal and strategic guidance under the Insolvency and Bankruptcy Code (IBC) to help MSMEs explore resolution, restructuring, or exit options while protecting stakeholder interests.

What is Micro, Small & Medium

Micro

Investment

Upto 1 crore

Turnover

Upto 5 crore

Small

Investment

Upto 10 crore

Turnover

Upto 50 crore

Medium

Investment

Upto 50 crore

Turnover

Upto 250 crore

Micro, Small & Medium

Micro

Investment
1 crore +

Turnover
5 crore +

Small

Investment
10 crore +

Turnover
50 crore +

Medium

Investment
50 crore +

Turnover
250 crore +

Advantages

Advantages
of MSME
Evaluation of insolvency risk and resolution options
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Protection under moratorium provisions of IBC
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Assistance in initiating or defending CIRP proceedings
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Negotiation with creditors and resolution applicants
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Guidance on voluntary liquidation process
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Preservation of promoter rights and business continuity
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Representation before NCLT/NCLAT
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Structured debt exit strategies and settlements
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Step by Step

Financial assessment and viability analysis

Determination of insolvency or default threshold

Preparation of IBC petition (voluntary or creditor-driven)

Filing and representation before NCLT

Step Flow

Coordination with Insolvency Professional (IRP/RP)

Participation in resolution process or claim filing

Negotiation and approval of resolution plan

Implementation or liquidation and compliance closure

Step By Step

All directors and subscribers must obtain DSC for digitally signing incorporation documents electronically.
Directors must secure a DIN from the MCA to be legally recognized as company directors.
Apply for name approval through SPICe+ (MCA portal), ensuring it aligns with business objectives and is not already registered.
Submit key documents including Memorandum of Association (MoA), Articles of Association (AoA), SPICe+ Form, and declarations by directors.
Upon MCA approval, the company receives a Certificate of Incorporation, including PAN & TAN registration.
Open a corporate bank account, register with SEBI (if applicable), comply with ROC filings, GST, and taxation requirements, and issue shares as per regulations.