Insolvency and
Bankruptcy Services

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We assist debtors, creditors, and other insolvency professionals in matters of insolvency. Also, we advise and monitor the corporate insolvency and bankruptcy proceedings.

We provide end-to-end insolvency and bankruptcy services starting from making the application to the completion of the insolvency process:

  • Coordinate the insolvency proceedings with the Insolvency and Bankruptcy Board of India.
  • Submit a resolution plan to the regulatory authorities.
  • Assist in getting approvals from a committee of creditors.
  • Assist in seeking the extension of a corporate insolvency process beyond the due date of 180 days.
  • Assist in liquidating the assets of the bankrupt company.
  • Represent the creditor in the meeting of Committee of Creditors, where such creditors are members.
  • Represent the client before the tribunal.
  • Manage corporate affairs of debtors.
  • Determine the financial position of the debtor.
  • Receive and collate all the claims on the assets of the company.
  • Constitute committee of creditors and conduct meetings regularly.
  • Monitor the assets of the debtor including control and custody of assets with ownership rights.
  • Determine the voting rights of creditors.
  • Raise the interim finance with the approval of a committee of creditors.
  • Draft notices, responses to notices, agreements, information memoranda, resolution plans and other documents involved in the insolvency resolution process.