IBC Buyout

Given the surge in stressed assets in the Indian economy, it is no wonder that the regulatory landscape governing stressed assets is in the midst of a massive overhaul. The complexity of the problem has necessitated multiple changes to various laws and introduction of several new ones.

With the introduction of new rules and regulations, new tools have been made available with the aim of having a comprehensive approach for effective and timely resolution of stressed assets. One of the most significant tools introduced to address the problem of stressed assets is the Insolvency and Bankruptcy Code, 2016 (“IBC).

Our scope of services include, but are not limited to:

  • Advise companies on their strategy pertaining to acquisition of a Corporate Debtor under NCLT or withdrawing a Company from NCLT under Section 12A of the IBC framework
  • Provide regulatory/ procedural/ technical suggestions on the ongoing discussions with the banks/ lenders on the debt settlement
  • Advise on the query resolution and fact based preparedness to address the issues with reference to the settlement/ resolution
  • Advise and facilitate the ‘Framework’ required to resolve/ settle the debt under IBC through a Scheme of Arrangement mutually acceptable
  • Post securing approval of the COC and the NCLT order, provide need based advisory for giving effect to the Scheme of Arrangement / Agreement to be implemented