Corporate Insolvency Resolution Process.
We specialize in guiding clients through the intricate landscape of insolvency
restructuring, offering comprehensive support from the initial filing stage to the
successful emergence from insolvency. Our extensive experience encompasses various
types of insolvency proceedings, including those under Section 7, Section 9, Section 10,
Pre-Packaged Insolvency, and voluntary liquidation, under Insolvency & Bankruptcy
Code 2016. Our full spectrum of services in this domain includes:
- Planning and Preparation for Insolvency Initiation:
We assist clients in developing
strategic plans and preparing for the initiation of insolvency proceedings, ensuring
a well-prepared and organized approach.
- Acting as Interim Resolution Professional and Resolution Professional:
Our team
can assume the roles of Interim Resolution Professional (IRP) or Resolution
Professional (RP), overseeing and managing the insolvency process in compliance
with legal requirements and industry best practices.
- Advisory and Representation for Members of the Committee of Creditors (CoC):
We provide expert advice and representation for CoC members, helping them
navigate their roles and responsibilities throughout the insolvency process.
- Advisory and Representation for Promoters and Directors:
We offer guidance and
representation to promoters and directors, assisting them in understanding their
rights, obligations, and potential liabilities in the insolvency proceedings.
- Advisory for Operational Creditors:
We provide specialized advice and support to
operational creditors, ensuring their interests are protected and advocating for
their rights throughout the insolvency process.
- Acting as Authorized Representative to Creditors in Class:
Our team can act as an
authorized representative to creditors belonging to a particular class, representing
their interests and ensuring fair treatment in the insolvency proceedings.
- Preparation and Evaluation of Resolution Plans:
We assist clients in the
preparation and evaluation of resolution plans, offering comprehensive analysis,
financial modelling, and strategic insights to optimize the chances of a successful
resolution.
- Conducting Transaction Audits:
We conduct thorough transaction audits to
identify and assess any irregularities, potentially fraudulent activities, or improper
transactions that may impact the insolvency process.
- Drafting and Pleading Before the National Company Law Tribunal (NCLT):
Our
experienced professionals are skilled in drafting comprehensive legal documents
and representing clients before the NCLT, ensuring effective communication and
presentation of their case.
By leveraging our expertise and in-depth knowledge, we guide clients through the
complexities of insolvency restructuring, providing strategic advice, representation, and
support at every stage of the process. Our aim is to achieve the best possible outcomes for
our clients while ensuring compliance with relevant laws and regulations.