Effective recovery of a financial creditor before NCLT order CIRP for the borrower, a big listed Company

This case study explores how a financial creditor was able to effectively recover their funds from a big listed company before the National Company Law Tribunal (NCLT) initiated Corporate Insolvency Resolution Process (CIRP). By examining the strategies and actions taken by the creditor, this study provides insights on how creditors can proactively protect their interests and recover outstanding debts in a challenging financial landscape.

Construction and possession during CIRP (IBC) period

This blog highlights a real-life case study of a housing project that was incomplete due to the insolvency of one of the joint venture partners. The article discusses how the other partner approached the NCLT to complete the project under the supervision of an Insolvency Professional, who successfully completed the project despite the challenges posed by the COVID-19 pandemic. This article provides insights into the resolution process and the role of an Insolvency Professional in such cases.

Pharmaceutical MSME Unit Rehabilitation under IBC

This case study highlights how a pharmaceutical unit faced financial trouble due to the devaluation of the currency in African countries and was dragged into insolvency. With the help of an Insolvency Professional, the promoters regained control of the unit by obtaining plans from eligible relatives under MSME norms and taking part in the resolution process.

Rehabilitation of huge commercial hub in Mumbai suburb

The developer Co. (CD) was under huge debt with one of the leading Nationalized Bank (the Bank). The promoters of CD were found to be involved in huge economical crime and were sent behind the bar by the Economic Offences Wing.

Accounts Outsourcing for an AIF Real Estate Fund

A large AIF fund setup it's office in India for investments in the warehouse leasing business. The company has multiple SPVs to channelise the funds in various properties and a complex accounting structure in place.

Internal Audit for a slum redevelopment company

A pioneer in the slum redevelopment was in a big mess due to increasing debt burden and resignations of the reliable accounting team during the COVID times.