Our Services
Insolvency Resolution Services
Insolvency & Bankruptcy code or IBB is being used equally against wilful defaulters, drowned business as well as tool to recover money in a commercial dispute.
Many successes have been achieved & failures identified requiring sudden changes in law to make it workable. In a case of no plan being achieved the liquidation process follows resulting into winding up of the corporate debtor.
“My experience with Ab Initio has been phenomenal so far. I confidently recommend their high quality, professional work. If you’re working with them, I can say for sure that you are in safe hands.”
Dinesh Kumar GuptaLegal Head, Radico Khaitan Limited
We help organizations implement
the change that matters most to them.
by strategic restructuring and
building enduring capabilities.
Insolvency Resolution Services
The law of insolvency is at nascent stage getting judgements on interpretation as well as amendment from government on daily basis. The applicability, scope, constitutional validity, timelines,various definitions, National Company Law Tribunal (NCLT) powers are every day getting enlarged or limiting due to sudden changes.
Insolvency & Bankruptcy code or IBB is being used equally against wilful defaulters, drowned business as well as tool to recover money in a commercial dispute. Many of the old business houses are losing control over their legacy while genuine cases of bankruptcy are giving shelter to people by limiting the liability. Most of the procedural aspects and new interpretation will emerge over a period of time till the law fully settles down through a series of litigations.
The insolvency resolution process revolves around a proposed resolution plan approved by committee of creditors having representation from financial creditors, operational creditors, workmen and statutory bodies. The Insolvency Resolution Professional (IRP) is supposed to act in place of the management till the time resolution plan is approved by committee, sanction by NCLT and fulfilled by the proposer or new promoter. Many successes have been achieved & failures identified requiring sudden changes in law to make it workable. In a case of no plan being achieved the liquidation process follows resulting into winding up of the corporate debtor.
We Assist You in Following Ways:
- Acting as IRP for creditors
- Appeal against NCLT orders
- Liquidation of assets voluntary or otherwise
- Handling litigation for IRP & advising him strategically
- Preparing Notices & Filing petitions/claims under the IBB
- Assisting IRP in dealing with NCLT procedures & practices
- Prepare resolution plans & represent before committee of creditors
- Seek government authority’s approvals to make resolution plan workable
- Intervening in existing matters to safeguard the interest of Secured creditors, Operational Creditors, Workmen, Investors, Home Buyers etc.
Our Services
- Fund Raising
- Due Diligence
- Strategic Tie-ups
- Valuation Services
- Strategic Advisory
- Structure Advisory
- Litigation Strategy
- Business Advocacy
- Secretarial Advisory
- India Entry Advisory
- Transaction Advisory
- Merger & Acquisition
- Capital Market Services
- Corporate Law Advisory
- Regulatory Practice Advisory
- Insolvency Resolution Services
186
Cummulative increase in businesses of our clients
8470
Hours of expert business advises provided
270
Business benefited from our services over years