Services

Insolvency often involves complex financial and legal issues, and hence disputes among various stakeholders are common. Normally a non-adversarial approach can help to resolve disputes in a more efficient and amicable manner, as it encourages cooperation and negotiation rather than reliance on litigation.

Selling a company as a going concern during the liquidation process (the next best alternative to save the CD, once the CIRP fails), can become a viable option for the liquidator as well as the potential investor or erstwhile RA, all to achieve the objective of the code of saving the company and maximizing the value of its assets.

The Insolvency and Bankruptcy Code, 2016 (IBC), provides an option of voluntary liquidation to close the unwanted companies / dormant companies and those companies who have outlived their objective. This comes as a best tool to reduce the baggage and avoid unnecessary compliances and cost on a regular basis.

Providing support to potential investors in bidding/ taking over companies or its assets under corporate insolvency resolution process (CIRP) and in the liquidation process under the IBC norms is a service for investors/buyers looking to acquire distressed assets.

As per the relevant provisions of Insolvency and Bankruptcy Code (IBC) of India (Section 24(5), financial creditors, who constitute the COC, are authorized to appoint qualified insolvency professionals as their representatives for participating in the COC meetings.

Engagement with statutory or regulatory authorities is the need of the hour and have become more frequent than ever before. Most of these interactions and engagements are important and take priority, else it can hamper the ongoing specific IBC process, be it CIRP, Liquidation, Voluntary Liquidation, Prepack or PG to CD proceedings.

For Insolvency professionals: A Professional is no stranger to often complex and demanding cases such as CIRP, liquidation, and voluntary liquidation. However, even the most experienced professionals may encounter circumstances where they require additional resources or expertise to successfully complete their assignments. This is where the team at the platform comes to your rescue. The team of experts will work alongside you to provide guidance, support, and any necessary resources (if required) to ensure a smooth and efficient resolution of your case.

We have associated financial partners, who extend financial support in form of Interim Finance or litigation funding.

Creditors/ Stakeholders are required to file claims in specific format(s). Our tech solutions streamlines filing of claims for the creditors to collation/ verification and sending specific communications to creditors for Insolvency Professionals in no time.

Stakeholders who are based in different jurisdictions get a special relationship managers dedicated to their issues and are assisted end to end with representations all through the relevant processes and handholding from claim submissions to interaction with the IP concerned and guidance on the optimal solutions for them without the need for any travel.

Request to reach out to +91-988 988 4344 (whatsapp) or click on Get in touch available on the website www.insolvencyclinic.com)

Debt Restructuring can be a useful tool for companies that are facing financial difficulties or are unable to meet their debt obligations. The goal of debt restructuring is to make it easier for the company to repay its debts by altering the terms & conditions of the debt.

Insolvency Clinic’s prime objective is to spread the awareness about the IBC and sensitize various stakeholders across the spectrum. We at the platform strive to make the processes seamless and ensure that the hurdles and frictions all across the processes are removed. For achieving the said target, the team of professional experts also intent to engage with the Regulator, Legislature, the Judiciary and other important decision makers advocating the simplification of the processes, removing inconsistencies and contradictions and finally making the relevant processes simpler and easy to comprehend and implement. Intent is to assist in evolution of best practices and guiding SOP’s for the various stakeholders. To that effect, the platform also reaches out to academia, industry, and institutions for conducting awareness programs and workshops and programs on various chosen relevant topics within IBC.

Request to reach out to +91-988 988 4344 (whatsapp) or click on Get in touch available on the website www.insolvencyclinic.com)