Interim Resolution Professional / Resolution Professional Services

• Acting as Interim Resolution Professional/Resolution Professional (CIRP)
• Acting as Resolution Professional, Bankruptcy Trustees
• Preparation of Process document Information Memorandum, Evaluation Matrix (CIRP)
• Maximisation of value of the Corporate Debtor - Challenge Mechanism Process (CIRP)
• Helping management to run the CD as going concern (PPIRP)
• Advisory to MSME’s (PPIRP)
• Facilitating coordination between the Company and the lenders (PPIRP)

Resolution Professional / Bankruptcy Trustee Services

• Acting as Resolution Professional, Bankruptcy Trustee
• Filing of report on admission of Insolvency Proceedings
• Preparation and distribution of Bankruptcy estate, selling of Assets etc.
• Identification and reporting of PUFE Transaction
• Advisory to Personal Guarantee for preparation of Repayment Plans

Liquidator Services for Liquidation and Voluntary Liquidation

• Acting as Liquidator
• Sale of the Corporate Debtor as going concern
• Preparation of Liquidation Estate
• Drafting of Reports including preliminary reports, progress reports, etc.
• Facilitation of Asset Sale via auction sale
• Facilitation of Transfer/Assignment of Not readily Realisable Assets
• Facilitation of Scheme of Arrangement
• Distribution of proceeds amongst stakeholders
• Correspondence with Various stakeholders & government authorities
• Support Services & Process Advisory to peer Liquidators

Claim Verification Support

• Claim verification – Financial and Operational (CIRP and Liquidation Process)
• Claim Verification regarding resolution & bankruptcy proceedings against personal guarantor to corporate debtors

Process Advisory Services

• Support to Stakeholders in filing relevant forms
• Support Services & Process Advisory to peer Liquidators
• Support Services & Process Advisory to peer RPs & Bankruptcy Trustee
• Facilitation of Asset Sale via auction sale
• Facilitation of Transfer/Assignment of Not readily Realisable Assets

Transaction Audit Services

• Determination of PUFE Transactions
• Identification and reporting of PUFE Transaction

Legal Advisory and Representation Services

• Advisory to Financial Institutions
• Advisory to claimants/ Operational Creditors/Corporate Applicant
• Demand Notice to Debtors
• Representation before Lenders

Resolution Plan Development

• Vetting of Resolution Plans
• Advisory to investors on viability of the assets
• Preparation of investment teasers, proposals, Resolution Plans under IBC
• Vetting of Resolution Plan on Behalf of Committee of Creditors
• Checking of Feasibility and Viability of Resolution Plans
• Advisory on preparation of Base Resolution Plan

Due Diligence and monitoring services

• 29A Due diligence
• Operational Due diligence
• Financial Due Diligence
• Cash Flow Monitoring - Maintaining the entity/CD as going concern
• Preparation of Restructuring Proposals
• Advisory on preparation of One-time settlement
• Co-ordination between Lenders and the CD for facilitating
• Raising of Interim Finance

Insolvency Bankruptcy IBC Law Firm India

In times of financial distress, engaging a specialized insolvency firm is crucial for safeguarding value and ensuring legal compliance. ASC Group’s insolvency advisory services combine seasoned insolvency advisors, insolvency consultants, and insolvency advisory accountants to navigate resolution processes under the Insolvency and Bankruptcy Code.