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FOR BANKS , FINANCIAL INSTITUTION AND ARCS BEING THE FINANCIAL CREDITORS |
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The Banks , Financial Institution and ARCs can Empanel DDIRP or avail professional services for the matters under Insolvency & Bankruptcy code 2016 as elaborated below-
- Approaching NCLT to initiate Corporate Insolvency Resolution Process (CIRP), if reply not received or payment not made.
- To act as Interim Resolution Professional(IRP) & to act as Resolution Professional(RP) thereafter if approved by NCLT.
- We have an intimate knowledge of the laws surrounding Insolvency and with our expertise in transaction advisory, we may additionally assist you with the process of Insolvency Resolution. We will formulate a strategy tailored to your needs.
- To invite prospective lenders, investors, and any other persons to put forward resolution plans.
- Ensuring smooth & timely execution of CIRP
- Facilitating formulation of Resolution Plan
- Facilitating Additional Funding through Prospective Investors & Funds for effective resolution
- Maximization of value of assets
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