1. Support Services and Process Advisory

SSARVI provides Support services to the following :

• Interim Resolution Professional/ Resolution Professional in the Corporate Insolvency Resolution Process of Corporate Debtor
• Liquidator in the Liquidation Process of Corporate Debtor 
• Liquidator in the process of Voluntary Liquidation of a Corporate Debtor
• Resolution Professional in Insolvency Resolution Process of Individuals, Proprietorship Concerns and Partnership Firms under Chapter III of the Code
• Bankruptcy Trustee in the Bankruptcy process of any Individual or Partnership Firm

SSARVI provides support and assistance to the RP/Liquidator in performance of their duties as provided under the Insolvency & Bankruptcy Code, 2016 and regulations issued thereunder. SSARVI is equipped to provide support to the RP/Liquidator in every aspect of the Process such as:

• Public Announcement & Communication to all the stakeholders
• Collation and Verification of the Claims
• Filing requisite reports as prescribed under IBC
• Taking custody and preserving the assets of the Corporate Debtor
• Appointment of various Professionals such as Regd. Valuers
• Preparation of Information Memorandum
• Preparation of detailed invitation of Expression of Interest Document
• Preparation of Request for Resolution Plan Document (RFRP)
• Preparation of Evaluation Matrix
• Due diligence including verification of PRA’s u/s. 29A of the Code
• Review and vetting of the Resolution Plan
• Assistance for compliances of Corporate Debtor pertaining to Income tax, GST, Companies Act.

2. IP Services to run the Process

The Qualified Insolvency Professionals who are Registered with Insolvency and Bankruptcy Board of India can be appointed as:

• Interim Resolution Professional/ Resolution Professional in the Corporate Insolvency Resolution Process of Corporate Debtor
• Resolution Professional in Pre-Packaged Insolvency Resolution Process
• Liquidator in the Liquidation Process of Corporate Debtor 
• Liquidator in the process of Voluntary Liquidation of a Corporate Debtor
• Resolution Professional in Insolvency Resolution Process of Individuals, Proprietorship Concerns and Partnership Firms under Chapter III of the Code
• Bankruptcy Trustee in the Bankruptcy process of any Individual or Partnership Firm

Our Partners are experienced Insolvency Professionals who have handled critical and challenging cases and have in-dept knowledge on practical applicability of the Code.

Corporate Insolvency Resolution Process:

Our Partners/Associates can be appointed as Interim Resolution Professional in the applications filed u/s. 7 by Financials Creditors, u/s. 9 by Operational Creditors and u/s. 10 by Corporate Debtors for Initiating Corporate Insolvency Resolution Process (CIRP) under IBC, 2016 as well as Resolution Professional.

We effectively disseminate all the duties under IBC, 2016 with an ultimate intent to revive the Corporate Debtor 

Personal Insolvency

Our partners are equipped to be appointed as Resolution Professional for Corporate Guarantors. Our partners handle all the duties under IBC, 2016 such as filing the reports, verification of claims of creditors, custody and control of the assets, preserve and protect assets of the Individual and preparation of repayment plan.

Pre- Pack Insolvency

Our Partners can be appointed for as Resolution Professional in the matter of Pre-Packaged Insolvency Resolution Process in respect of Corporate Debtor who is a MSME.

Voluntary Liquidation

In situation where Corporate Debts intends to liquidate itself voluntarily, our partners can be appointed as the “Liquidator” under Sec. 59 of IBC, 2016 to carry out the Voluntary Liquidation of the Corporate Debtor under the conditions and procedures specified therein

Liquidation

We carry out all the duties as required u/s 35 of the Insolvency & Bankruptcy Code, 2016 such as verification of claims of creditors, custody and control of the assets, preserve and protect assets of the company, and run the process for liquidation of Corporate Debtor with an intent to maximize the assets of the CD.

3. Interim Finance

Interim Finance is a short-term, secured lending for a period of 6-12 months granted to the debt-ridden companies undergoing corporate insolvency resolution process (CIRP).

Our team actively advises and assists Corporate Stakeholder’s on raising Interim Finance during the CIRP.