A dedicated team supporting the resolution professional in identifying potential resolution applicants with the focus being on widening the choice and bringing in the right investor. Due care is taken to ensure that there is no conflict of interest and that corporate governance standards are strictly adhered to.
• Assisting in Making Public Announcement of Liquidation
• Assisting in Collect & Collate the claims from the creditors
• Assisting in to take custody & control of the assets of the corporate debtor & creation of liquidation estate
• Assisting in Selling the immovable & movable property & prepare an asset sale report
• Assisting in distribution of proceeds in accordance with provisions of the IBC
• To institute or defend any suit on behalf of the
Corporate debtor
• Application for the liquidation of the Corporate Debtor
• Assisting in Making Public Announcement of Corporate Insolvency Resolution Process (CIRP)
• Assisting in Collect & Collate the claims from the creditors-Financial, operational, workmen , employees & others
• Assisting in Conducting meetings of the CoC
• Assisting in Appointment of valuer for determination of fair value & liquidation value of corporate debtor
• Assisting in preparation of Information memorandum
• Assisting in Drafting the RFRP with evaluation matrix
• Assisting in Conducting CoC meetings
• Drafting a Resolution Plan for the Resolution Applicant
• Assisting in Resolution Plan evaluation and its implementation & supervision
• Filing & defending of any Applications filed by or against the company with NCLT/NCLAT
• Any other acts as required as per the provisions of the IBC
• Assisting in Compliance under IBC for voluntary liquidation
• Assisting in Collecting & collating claims from creditors
• Assisting in Distribution of assets to various stakeholders
• Assisting in Preparation of the distribution list
• Assisting in Issue of various reports
• Making an application to NCLT for dissolution
• Filing of dissolution