April 9, 2024
Corporate Insolvency & Liquidation
Corporate insolvency and liquidation require strategic handling to ensure compliance with legal frameworks and to safeguard stakeholders' interests. AccounTX provides expert guidance in insolvency resolution, debt restructuring, and liquidation proceedings. Our team of specialists assists businesses in navigating financial distress, mitigating risks, and ensuring a smooth transition through insolvency procedures.
Our Services
1. Corporate Insolvency Resolution
- Advisory on Insolvency & Bankruptcy Code (IBC), 2016
- Assisting in the preparation of Resolution Plans
- Representation before NCLT, NCLAT & Other Regulatory Bodies
- Coordination with Insolvency Professionals (IP) and creditors.
2. Liquidation & Winding-Up Services
- Voluntary & Compulsory Liquidation under Companies Act & IBC
- Asset Monetization & Distribution to Creditors
- Representation & Compliance with Insolvency Professionals
- Dissolution & Strike-off of Companies
3. Debt Restructuring & Recovery
- Structuring of Corporate Debt Restructuring (CDR) plans
- Advisory on One-Time Settlement (OTS) with banks & creditors
- Assistance in Negotiation with Lenders & Creditors
- Advisory on SARFAESI & Debt Recovery Tribunal (DRT) Proceedings
4. Legal & Compliance Support
- Regulatory compliance for insolvency & liquidation cases
- Filing & documentation support with ROC, NCLT & IBBI
- Assistance with cross-border insolvency matters
- Compliance with liquidation tax implications & reporting
Why Choose AccounTX?
- Expertise in Insolvency & Liquidation Regulations
- Strong Network with Insolvency Professionals & Legal Experts
- Customized Solutions for Distressed Businesses
- Transparent & Compliant Approach