Specialised Services

Insolvency & Bankruptcy Code

Insolvency & Bankruptcy Code

Before the Introduction of the Insolvency and Bankruptcy Code, 2016, the bankruptcy process was highly fragmented as the powers of the creditors and debtors were covered under separate legislations. Inevitably there were problems like lack of clarity of jurisdiction, fragmented regime and the average time for the resolution of insolvency was comparatively very high. Thus, the emergence of Insolvency & Bankruptcy Code, 2016 is a tremendous reform which has simplified and expedited the resolution process which once took ages to conclude.

Our team would play a pivotal role in providing appropriate support for insolvency and bankruptcy procedures and provide sustenance for creditors / debtors during troubled debt recovery in various areas of business.

Advisory Services To:
  • Entities planning to go for insolvency
  • Creditors of prospective insolvent entities
  • Resolution Applicants
Engagement As:
  • Interim Resolution Professional
  • Authorised Representative
  • Resolution Professional
  • Liquidator
  • Bankruptcy Trustee
Support Services:
  • Claim Verification
  • Valuation of Assets
  • Transaction / Forensic Audit
  • Representation in CoC
  • Support in conducting CoC Meeting and Documentation
  • Support in Management of Corporate Debtor Business
  • Support in Compliances with IPA and IBBI
  • Preparation of EOI, RFRP and Information Memorandum
  • Structuring of Resolution Applicant
  • Preparation of Resolution Plan
  • Vetting of Resolution Plan
  • Due Diligence
  • Filling application before NCLT / NCLAT
  • Representation before NCLT / NCLAT
  • Issue of demand notice to the defaulter corporate debtor
  • Filing application u/s 9 and u/s 10 for initiation of corporate insolvency
  • Liquidation services
  • Voluntary Liquidation services