Services for corporates for recovery from other corporates

FOR CORPORATES
The Corporates can empanel DDIP for a 'One Window Professional Services' for all the matters under Insolvency & Bankruptcy code including -

 
SERVICES FOR CORPORATES FOR RECOVERY FROM OTHER CORPORATES
  • Issuance of Demand Notice to other corporates under the Insolvency & Bankruptcy Code 2016 for recovery of an Operational or Financial Debt. ( Corporate Debtor has to reply within 10 days or submit details of payment done)
  • Initiating Corporate Insolvency Resolution Process (CIRP) with NCLT.
  • To act as Interim Resolution Professional (IRP) & to act as Resolution Professional(RP)
  • Advisory on shifting recovery proceedings against debtors of the client from other mechanisms (winding up proceedings under the Companies Act etc.) to IBC mechanism.
 
SERVICES TO CORPORATES WHEN INSOLVENCY PROCEEDINGS INITIATED BY BANKS/ FIS / ARCS OR OTHER CORPORATES
  • To provide advisory and consultancy services with respect to Demand raised by other Corporates/ Banks/ FIs/ ARCs under Insolvency and Bankruptcy Code 2016
  • Approaching NCLT to initiate Corporate Insolvency Resolution Process(CIRP), if the Corporate Debtor takes decision to wind up the Company or any of its subsidiary or Associate Company under the Insolvency & Bankruptcy Code
  • To act as Interim Resolution Professional (IRP) & to act as Resolution Professional(RP).
 
     
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