The Insolvency and Bankruptcy Code has been 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. Further, the Code also 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.
Our A G M S firm has experienced professional registered with IBBI as insolvency professional. other partners also have experience in handling Corporate Debt Restructuring (CDR), Financial Restructuring of organizations, Rehabilitation of Stressed companies. Our team has arranged domestic and foreign funding for many companies.