Insolvency Resolution

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. Under this new Code, the corporate debtor undergoes a Corporate Insolvency Resolution Process (CIRP) where the creditors of the corporate debtor attempt to resolve the insolvency of the corporate in a time-bound manner. Insolvency Resolution Professional under the Code means an insolvency professional appointed to conduct the CIRP or liquidate the company.

Amita Desai is a Insolvency Professional (IP) with Insolvency & Bankruptcy Board of India (IBBI). The role of an IP covers a wide range of functions, which includes skill and knowledge of accounting, finance, secretarial and legal functions, skill of effective communication and negotiation, management of business, resources and people and conduct with Integrity.

Our Expert Services includes:

  1. Identifying and evaluating distressed companies for restructuring and rescue planning
  2. Services as Resolution Professional/ Liquidator under the Companies Act, 2013 and IBC 2016
  3. Drafting, preparing or vetting of Insolvency Application, demand notice, Reply to Notice, preparation of Information Memorandum, Resolution Plans and other documents involved in Corporate Insolvency Resolution Process (CIRP)
  4. Representation and Appearance before the National Company Law Tribunal( NCLT) and National Company Law Appellate Tribunal (NCLAT)
  5. Assessment of Corporate Debtor’s (Company) capacity, feasibility to turnaround, review of distressed assets, evaluating various options, cash position, due diligence and turnaround feasibility and advice to Company or its Bankers
  6. Identifying and evaluating distressed companies for restructuring and rescue planning
  7. Advising to individuals and firms for Bankruptcy under IBC (Insolvency and Bankruptcy Code. 2016)
  8. Working out a detailed bankable financial structure of the business
  9. Working out a detailed plan for restructuring the business and review potential for any kind of merger or acquisition or takeover
  10. Developing the strategies to mitigate Risks;
  11. Negotiating Settlements
Scroll to Top