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preparation-of-resolution-plan

Preparation of Resolution plan

We facilitate the preparation of Resolution plan, in line with the CIRP  requirements. We also facilitate funding and investing options for the timely execution of Resolution plans
Resolution plan services are designed to help companies, especially those facing financial distress, develop and implement strategies to resolve their insolvency issues. These services are typically provided by financial advisory firms, insolvency professionals, and legal experts.

Here's an overview of what these services entail:

Financial Health Check: Conducting a thorough analysis of the company's financial situation to understand the extent of distress and identify the root causes.
 

Stakeholder Analysis: Evaluating the interests and claims of various stakeholders, including creditors, employees, and shareholders.

Strategic Planning: Developing a comprehensive resolution plan that outlines strategies for debt restructuring, asset sales, operational improvements, and other measures to revive the company

Compliance: Ensuring that the resolution plan complies with legal and regulatory requirements, such as those outlined in the Insolvency and Bankruptcy Code (IBC) in India.

Stakeholder Engagement: Engaging with creditors and other stakeholders to negotiate the terms of the resolution plan and secure their approval.

Committee of Creditors (CoC): Presenting the resolution plan to the CoC for approval, which is a critical step in the insolvency resolution process.

Execution: Assisting in the implementation of the resolution plan, including restructuring operations, managing asset sales, and overseeing financial transactions.

Legal and Regulatory Advisory: Providing legal advice to ensure that all actions taken during the resolution process are compliant with relevant laws and regulations. Assisting with the preparation and submission of necessary regulatory filings and documentation.

Post-Resolution Support: Helping the company stabilize its operations post-resolution and achieve sustainable growth.

These services are crucial for companies looking to navigate the complexities of insolvency resolution and achieve a successful turnaround.