Insolvency Advisory Services

Insolvency Advisory Services

The Insolvency and Bankruptcy Code 2016 (‘IBC’ or ‘the Code’) is set to be a game changer, seeking to deal with insolvency and liquidation proceedings in a time bound and efficient manner in order to maximize value of assets and enhance investor confidence by providing an efficient framework to deal with business failures. Further, the Code also brings about a paradigm shift from a “Debtor in Possession” to a “Creditors in Control” regime, with creditors exercising timely control in the event of a default in the repayment of any debt Including Interest.

Our PKP firm has experienced professional registered with IBBI as insolvency professionals and also the other partners have experience in handling Corporate Debt Restructuring (CDR), Financial Restructuring of organizations, Rehabilitation of Stressed companies. Our team has arranged domestic and foreign funding for many companies.

Pratapkaran Paul & Co.,(PKP),Chartered Accountants

Delivery of services as Interim Resolution Professional

If you're building or repairing a business, you're dealing with millions of rupees and putting the fortunes of stakeholders on the line.

Delivery of services as Resolution Professional

As a Resolution professiona
• To carry on the operations of the Borrower / Corporate Debtor as a running unit

Delivery of services as Liquidator

As a Liquidator:
• To take over all the assets of the corporate entity

Delivery of services as Support to Resolution Professional

We also provide secretarial and Legal assistance with work related to the Resolution Professionals. These services include the following: