Judicial Restructuring

Judicial restructuring refers to the process of reorganizing a company’s debts and operations under court supervision to ensure its survival. This often occurs when the company faces financial difficulties and cannot meet its obligations. The court helps to create a plan that allows the company to continue its business while paying creditors over time or renegotiating debts. This process aims to provide a fair solution for both the company and its creditors, fostering a healthier financial future without complete liquidation of the business.