The Insolvency and bankruptcy code 2016 have object to do time bound insolvency resolution of corporate persons, partnership firms and individuals and maximisation of assets of stakeholders, to promote entrepreneurship, availability of credit including alteration in the order of priority of payment of dues. Facilitate the process of insolvency resolution and has provision to appointment of insolvency professional.
We are a team of Insolvency professionals registered with IBBI having more than 20 year of experience in corporate finance, restructuring and NPA resolution.
We qualified Insolvency Professionals, can act as Interim Resolution Professional of the Creditor or the Debtor who are planning to file an application for initiating corporate insolvency resolution process u/s. 7, 9 or 10 of the Insolvency and Bankruptcy Code, 2016.
As Interim resolution professional we carry on the business operations of the Borrower / Corporate Debtor as a running unit and manage the affairs of the Borrower / Corporate Debtor, do public announcement, appoint Registered values, Accounting, Legal and other Professionals, Verify the claims of creditors and finalize list of creditors, Form Committee of creditors, convene meeting of committee of creditors, Submit report on formation of committee of creditors and Minutes of proceedings of meeting of creditors to NCLT and matters incidental to carrying on the activities as an Interim Resolution Professional.
Resolution Professional appoint by the Committee of Creditors (COC), COC can appoint Interim resolution professional as Resolution professional or appoint another resolution professional or in case of change of the existing Resolution Professional, we offer our services as the new Resolution Professional in a Corporate Insolvency Resolution Process.
As resolution professional we carry on the business operations of the Borrower / Corporate Debtor as a running unit, manage the affairs of the Borrower / Corporate Debtor, verify the Resolution Plan as this is a major task for Insolvency Professionals in India, conduct meetings of creditors, as and when necessary, call and conduct meetings of creditors to approve Resolution Plan, Submit Resolution plan approved by Committee of creditors to NCLT, other matters incidental to carrying on the activities as Resolution Professional.
Any Company or Corporate Person that intends to liquidate itself voluntarily, we can be appointed as the "Liquidator" under Sec. 59 of Chapter V of the Code to carry out the Voluntary Liquidation of the Corporate Person under the conditions and procedures specified therein.
As liquidator we take over all the assets of the corporate entity, arrange publication of Public Announcement, appoint Registered valuer , Accounting, Legal and other Professionals, verify the claims of creditors and finalize list of creditors/contributories, conduct disposal of assets and distribute the proceeds amongst creditors / contributories, Submit periodical and final report to NCLT and arrange dissolution of the corporate entity and other matters incidental to carrying on the activities as Liquidator.
We provide professional advice to Debtors and Creditors and their legal team, Accountants and Directors for the best course to be adopted for the resolution process in case of default by the Debtor. We try to ensure that the Company continues to function as a going concern and actions like business or capital restructuring and re-organization get due consideration as a part of the Resolution Plan.
It can be difficult to keep up with your finances while trying to focus on managing an organization. Our outsourced back office accounting services can help you by providing experienced staff accountants from a firm with good accounting experience. You'll receive services that are tailored to fit your organization's specific needs.
Our accounts outsourcing services team is able to deliver complete finance and accounting solutions to companies located anywhere in the world. Functioning as outsourced partners we take complete responsibility of the client's routine processes allowing your management the liberty to focus on the more important strategic needs of your business
The range of our accounting services includeBook Keeping
Our trained staff efficiently uses technology to process transactions on a daily bases. This methodical process of recording all financial transactions leaves little room for any glitches in the accounting process.Financial Statement preparation
Our team takes care of all financial statement preparation such as balance sheet, income statement or profit and loss statement, statement of retained earnings and cash flows.Management accounts
We prepare management accounts making available essential information for company executives
This includes conceiving appropriate capital structures that support not only the initial capital requirements but also the growth strategies.
CFO Direct Financial Services provide advisory services across the full range of private equity to debt financing. We interact closely with private equity, high net worth investors on an on-going basis and have a good understanding of their culture, functioning, investment philosophy and preferences which help facilitate the most appropriate investor?company fit, thus delivering the best value.
On the debt side, we arrange funding from bank, NBFC for project funding as well as working capital finance.The activities involve:
Our outsourced payroll professionals can manage your time-consuming payroll processing and payroll tax filing, so you can focus on value-added and revenue-generating activities. We help you stay compliant while reducing in-house staffing needs and costs.
We are business experts and help companies right from formulating your mission and vision statements, to devising business strategies, business plans and help you execute those.We help you in understanding your goals and aspirations and devise strategies that is tailor made for you. We understand that one size does not fit all, and hence the business strategies are drawn in line with your company's vision and available resources. Business planning is an important element without which goal setting and driving business strategies cannot happen. We works with companies in defining the business plan in sync with the assigned budgets. Business planning is critical even if you have just embarked in your business, as it acts like a rudder and helps you steer your company in the right direction. We are experts and help companies right from formulating your mission and vision statements, to devising business strategies, business plans and help you execute those.
We offer a range of Tax advisory both direct & indirect and Risk advisory services for companies of all sizes. The firm enhances value for clients by focusing on solutions that are innovative, yet practical and that can be implemented.The service involves helping the clients make necessary periodic income tax, sales tax and other returns. It also includes helping the client make the right investment decisions and helping them avail various rebates and deductions. We invest time to analyse your business objectives, operations and markets, so that we are properly focused on your requirements. As standard practice, we seek to understand the broad industry framework within which our clients operate and the key regulations that may uniquely apply to those industries. In selected key industries we dive deeper, so that we have a better appreciation of industry regulations, market structure, industry practices and dynamics. We are able to apply this understanding and blend it with our deep technical skills to deliver effective advice.