To take the process of determination of liquidation value of the Corporate Debtor by way of arriving at estimated realisable value of the assets on the insolvency commencement date.
To take physical evaluation of the fixed assets and inventory of the corporate debtor.
To appoint two registered valuers for valuation of the assets as per international standards
To raise interim finance, subject to the approval of the committee of creditors, to meet the CIRP cost.
To collect all information and documents to determine liquidation value of the corporate debtor.
To protect and preserve the value of the property of the corporate debtor and manage the operations of the corporate debtor as a going concern.
To convene and conduct the meetings of the Committee of creditors, with prior notice.
To prepare the information memorandum in accordance with section 29 consisting of all financial information about the corporate debtor, litigations, claims, workmen obligations,
To invite applicant, prospective lenders, investors, and any other persons to put forward resolution plans.
To file application for avoidance of transactions in accordance with Chapter III, if any.
To analyse the financial statements of the company for the last 3 years.
Preparation of the financial model and a Resolution Plan based on the mutually agreed commercial viable financial structure.
To examine each resolution plan submitted by Applicant, with regard to all aspects, as laid down in IBC, 2016 including its implementation and supervision.
To present the resolution plans to the committee of creditors for its approval.
To submit the Resolution Plan to the Adjudicating Authority.
Drafting, settling and filing all representations, petitions, replies, rejoinders and all other such pleading as may be necessary before the Adjudicating Authority and appearances for hearing before the Adjudicating Authority.
Conferences, consultations, legal opinions and advice etc. with respect to any issues relating to proceeding under the code.
Filing and defending of any Applications which may be filed by the company or against the company with NCLT/ NCLAT.
Performing all duties of an Interim Resolution Professional/ Resolution Professional /Liquidator by an Insolvency Professionals in their individual capacity (out of the partners of AAA Insolvency Professionals LLP or from a list of empaneled IPs).
Any other assignment under Insolvency and Bankruptcy Code 2016.
AAA Insolvency Professionals LLPis a limited liability partnership promoted by experienced professionals who are already working together for the last several years with the objective to combine the relevant experience and resources to provide best service in the field of Insolvency and Bankruptcy practice under IBC, 2016. The existing group of Chartered Accountants, Advocates, Company Secretaries, Valuers and ….
AAA Insolvency Professionals LLP
E-10 A, Kailash Colony,
Greater Kailash – 1,
New Delhi – 110048