RESOLUTION PROFESSIONAL SUPPORT SERVICES
TRUCREST MANAGEMENT team expands following services to the prospective Resolution Applicants in gaining the Corporate Debtor as a going interest
SUPPORT TO PROSPECTIVE RESOLUTION APPLICANTS
TRUCREST MANAGEMENT team expands following services to the prospective Resolution Applicants in gaining the Corporate Debtor as a going interest
- To provide the clean and translucent view on the financial health of the corporate borrower under corporate default Resolution Process or liquidation.
- To aid them fairy explain the term given in the disclosure for Expression of Interest.
- To help them in getting the fair market value of the Corporate Debtor through a team of Registered Valuers and plan the value to be designate to various stake holders in Resolution Plan based on the Information Memorandum collected by them.
- To prepare the Resolution plan for the prospective resolution applicant as per corporate related Rules and Regulations.
- To get the Resolution Plan audit by the professional lawyer to ensure various acquiescence as per provisions of law.
- To display the resolution plan before the Committee of Creditors on behalf of the prospective resolution applicant, if approved by Resolution Professional and Committee of Creditors.
EXECUTION AND IMPLEMENTATION OF RESOLUTION PLAN
TRUCREST MANAGEMENT team expands following services to the prospective Resolution Applicants in acquiring the Corporate Debtor as a going relevance.
Once the Resolution Plan is allowed by the Adjudicating Authority (AA), it needs to be carried out and implemented in true spirit and terms as approved by the Hon’ble National Company Law Tribunal.
At TRUCREST MANAGEMENT, we cater following services for its smooth execution and implementation:
A. Resolution Applicant:
To prepare and file the applications ahead the concerned authorities for chasing necessary approvals from the concerned authorities.
To transfer the ownership in the name of the Resolution Applicant or nominated persons as per the terms and conditions.
To aid in the preparation of various accounts and statements. To assist in ensuring the legal compliances as per the plan.
To transfer the ownership in the name of the Resolution Applicant or nominated persons as per the terms and conditions.
To aid in the preparation of various accounts and statements. To assist in ensuring the legal compliances as per the plan.
B. Insolvency Professionals:
To ease smooth transfer of ownership of the Corporate Debtor to the Resolution Applicant as per the terms of the Resolution Plan.
To track the progress of the exertion and implementation of the Resolution Plan.
To formulate the required reports to be filed for Organizational Law.
To make sure distribution of funds received from the Resolution Applicant to multiple stake holders as per the terms and conditions of the Resolution Plan approved by Organizational Law
To track the progress of the exertion and implementation of the Resolution Plan.
To formulate the required reports to be filed for Organizational Law.
To make sure distribution of funds received from the Resolution Applicant to multiple stake holders as per the terms and conditions of the Resolution Plan approved by Organizational Law
