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Insolvency & Bankruptcy Code, 2016

  • Manage the affairs of the corporate debtors as a going concern
  • Constitute the Committee of Creditors (COC)
  • Convene and conduct meetings of Committee of Creditor
  • Conduct the corporate Insolvency resolution process
  • Discharge various duties necessary to operate the enterprise as a going concern
  • Prepare the information Memorandum
  • Submit a resolution plan to the adjudicating as approved by the COC and NCLT
  • Conduct the liquidation if the resolution plan is rejected of fails after approval