Insolvency & Bankruptcy Code (IBC)

Restructuring the Ruins – Financial Rebirth through Legal Clarity

In the corporate world, businesses may rise with ambition, but economic stress, mismanagement, or external shocks can lead them toward financial distress. The Insolvency and Bankruptcy Code, 2016 acts as a structured rescue operation—a mechanism where failing enterprises are either revived through resolution or gracefully exited through liquidation, protecting the interests of creditors and the broader economy.

Think of IBC as the emergency room of the financial system, where time-bound treatment is administered to prevent the collapse of value and maintain trust in the credit ecosystem.

We at Anuj Desai & Associates bring multifaceted financial, legal, and strategic expertise to all stages of the IBC process.

Our Services

For Creditors:

  • Drafting and filing Insolvency Petitions before NCLT
  • Verification and validation of claims
  • Assisting with CoC participation, financial assessments, and voting rights
  • Reviewing Resolution Plans for feasibility and fairness

For Corporate Debtors:

  • Pre-assessment of insolvency position
  • Assistance in voluntary insolvency applications
  • Support with data room preparation, asset-liability reconciliation
  • Guidance through financial disclosures and statutory filings
  • Turnaround planning and advisory for revival

For Resolution Professionals / IPs:

  • Forensic audit and transaction review for avoidance of preferential, undervalued or fraudulent transactions
  • Asset valuation and liquidation assistance
  • Compliance and reporting to IBBI and NCLT
  • Preparation of Information Memorandum and financial statements

Valuation & Due Diligence Support:

  • Valuation of business, assets, goodwill, and equity under IBBI norms
  • Financial and legal due diligence for potential Resolution Applicants
  • Guidance in preparing compliant, investor-ready Resolution Plans

When Does a Business Need IBC Advisory?

  • Ongoing loan defaults with banks or NBFCs
  • Litigation from operational creditors or vendors
  • Persistent negative net worth or cash flow challenges
  • Investor disputes and exit planning
  • Strategic acquisition of stressed assets (for buyers)

Why Choose our CA Firm for IBC Services?

"IBC isn't just a legal procedure—it's a high-stakes financial surgery. A skilled CA firm like ours acts as both your financial physician and your compliance surgeon."

  • Deep understanding of financial restructuring, valuation, and taxation
  • Technical expertise in NCLT representation, forensic audits, and resolution drafting
  • Multidisciplinary collaboration with lawyers, valuers, and RPs
  • End-to-end advisory from stress recognition to resolution or liquidation

In today's volatile business world, financial distress is not the end—it's a signal for strategic redirection. The IBC offers companies and creditors a lifeline, but navigating it requires expertise, precision, and credibility. Reach out to Anuj Desai & Associates for holistic IBC advisory—because in financial crisis, the right advisor makes all the difference.