About The Code
There are Lakhs of aggrieved persons viz Financial and Operational Creditors all over the Country whose payment is pending from the Debtors, Financial Institutions and the real-estate companies and they have not willing to pay the dues of the above said aggrieved persons till date.
So in 2016, the government of India has enacted the Insolvency and Bankruptcy Code, 2016 where it provides operationally and the financial creditors to approach the NCLT and recover their dues and resolve the matter through Insolvency Resolution Process in time-bound procedure for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues. After the implementation of code and to date the huge number of cases resolved from financial and operational creditors side accordingly unblocked money recovered and used in the system.
On the appointment of IRP, our role includes:
On the appointment of Resolution Professional (RP), our role includes:
On the appointment of Liquidator, the role as Liquidator includes:
Our roles as Voluntary Liquidator includes
Assist to prepare and Issue of Demand notice (in case of Operational Creditor)
Documents Required to Issue Demand Notice