Corporate Insolvency Resolution At It’s Best
If you’re struggling to keep your company head above water, by now the term corporate insolvency must have come up once or more! This typically describes a state in which the company is unable to clear debts owned resulting in foreclosure, sale, or asset dissipation as required by State Law.
However, Companies during tough times often find themselves insufficient or ill-equipped to discharge the debts and liabilities incurred.
That’s where our expert insolvency partner comes in!
Difference
Operating since 2007 and counting, our recognized Insolvency Professional Entity (IPE) partner has functioned as a support backbone for multiple directors and insolvency professionals helping them tackle the intricate compliances of insolvency with some of our service scope entailing-
Scope of Insolvency Resolution
- Claim Verification: We have a ready claim verification department dedicated to verification and merger of claims as submitted by employees, creditors and/or statutory bodies.
- Control & Custody of Corporate Debtor: Our Frontend department is equipped to take control and custody of corporate debtors’ legal utilities or assets that have recorded ownership rights of the debtor.
- Assistance in Relation to Resolution of Corporate Debtor: Our Assistance team will study compliance and regulations and will ensure eligibility, ownership rights and other statutory legalities of the corporate debtor are in place.
- Liquidation Process: Our Accounting and Legal departments will assist you throughout the critical process of liquidation including but not limited to bankruptcy filing, liquidation issues from the court and the liquidation process among others.
- Resolution Plan Management: We’ll assist you in creating a rock-solid thorough blueprint of your resolution plan and can manage, control and assist you in the plan update or upgradation process as per compliance.
- Statutory Requirements as per IBC Act 2016: The Insolvency and Bankruptcy Code, 2016 (Code) lays a transparent guideline for corporate insolvency and our Legal team will walk the extra mile to make sure all compliance and statutory requirements are met with accuracy.