To Corporates/Promoters
Strategic Advisory to Corporates/Promoters Undergoing CIRP
We provide professional and strategic advice to all stakeholders in the IBC ecosystem for the best course of action to be adopted for the resolution process in case of default by the Corporate Debtor. We provide support services for safeguarding the interests of the suspended board of directors and promoters in the corporate entity in CIRP. We ensure proper compliance by co-ordinating the efforts of the suspended management with the Resolution Professional for maximisation of the value of the assets for all stakeholders. We help promoters to understand the IBC provisions and the required actions from their side for smooth transition through the process by coordinating amongst all stakeholders .
Transaction Audit/Forensic Audit
A forensic audit is an examination and evaluation of a firm’s or individual’s financial records to derive evidence that can be used in a court of law or legal proceeding. We help the Promoters and Auditors to frame out proper explanation and replies to the queries raised in this process.
Pre-Packaged Insolvency
PPIRP is available for resolution of stress of corporate MSMEs. It is available as an alternate option, should the stakeholders like to use it. It allows the company, if eligible under section 29A, to submit the base resolution plan which is exposed to challenge for value maximisation. The public announcement is made for inviting claims, Creditor Committee to be constituted, and IM to be prepared. Plans to be invited. Creditor Committee approves a plan to be further approved by NCLT.
Representation to NCLT / NCLAT / High Courts / Supreme Court
We provide complete legal support for day-to-day guidance and for an understanding of various legal documents along with the claims and other documents sourced from Corporate Debtor. We also support for various provisions of Code and regulations made for CIRP and liquidation processes to watch out the interests of the Promoters. We provide consultation on various provisions of Code and regulations made under the Code for conducting the CIRP and Liquidation Process.
Valuation
We are dedicated to the goal of providing professional, ethical and high-quality consultancy and Valuation services. With our multidisciplinary expertise across various industry segments, we bring clarity to difficult and complex situations and consistently deliver high-class solution to our clients.