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Areas of Practice under Insolvency and Bankruptcy Code, 2016 (IBC)
- To assist the Financial and Operational Creditors to access the viability of the corporate debtor and formulate the possible revival plan.
- To analyze the Financial Statements of the Corporate Debtors for the last three years.
- To prepare and file the corporate insolvency resolution process application with the Adjudicating Authority (NCLT).
- To act as Interim Resolution Professional (IRP) / Resolution Professional (RP) in consultation with the clients or otherwise appointed by the Adjudicating Authority on confirmation by Institute of Insolvency and Bankruptcy Board of India (IBBI).
- Public Announcement as required under the Code.
- To prepare Information Memorandum (IM) and Statement of Affairs of Corporate Debtor.
- To appoint the registered valuers legal and other professionals.
- To prepare the Minutes of the Meeting of Committee of Creditors (COC) as per the requirement of IBC, 2016 read with the regulations framed thereunder.
- To invite the Corporate Applicants for resolution plan and present the same with COC and to make necessary changes as suggested therein.
- To file and defend any applications which may be file by the company or against the company with NCLT/NCLAT.
- To carry out any other assignment under IBC, 2016.
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