Insolvency doesn’t mean “the end” or “the termination” but a chance for a “new beginning” or “new life”. The Insolvency and Bankruptcy Code 2016 (‘IBC’ or ‘the Code’) is set to be a game changer, seeking to deal with insolvency and liquidation proceedings in a time bound and efficient manner in order to maximize value of assets and enhance investor confidence by providing an efficient framework to deal with business failures. Also, the Code brings about a paradigm shift from a “Debtor in Possession” to a “Creditors in Control” regime, with creditors exercising timely control in the event of a default in the repayment of any debt, including interest. At Mavent Restructuring, we provide end to end insolvency resolution services to banking clients, debt investors, Resolution Professionals and other stakeholders by reviewing non-performing loan portfolios and developing resolution strategies and executing under the Insolvency & Bankruptcy laws, regulations and NCLT procedures.

Voluntary liquidation is when a company decides to dissolve itself on its own terms, as approved by the director and shareholders of the company. The decision usually occurs when a company, being in solvency stage, decides that it has no reason for operating anymore, or if it is not feasible to operate anymore. At Mavent Restructuring, we provide efficient and faster process to voluntary liquidate the Company and provides easy exit.

Liquidation Process is all about selling the assets of the Corporate Debtor and distributing the sale proceeds to stakeholders. The liquidator, in the normal course, gets better remuneration if the assets are sold in the first six months and his remuneration diminishes on every sale after the first six months. At Mavent Restructuring, we provide efficient and faster sale of assets of Corporate Debtor during the Liquidation Process.

The Insolvency and Bankruptcy Code (IBC), is a new opportunity to invest in distressed assets in India. We advise clients who are looking to invest in distressed assets through buy outs from the NCLT and developing their investment strategy as well as handholding them through the process including opportunity identification, evaluation, preparation of the Resolution Plan, representation before the Committee of Creditors and NCLT.