Waterfall Insolvency Professionals LLP.
The members of Waterfall Insolvency Professionals LLP. are qualified Chartered Accountants, Company Secretaries and Ex-Bankers. They have collective experience of more than 50 years in reviving sick companies, Advising clients and the banks for resolution of Stressed Accounts, Recovery of NPA, appearing in Courts, Debt Recovery Tribunals, Company Law Board (now NCLT - National Company Law Tribunals) and other government authorities.
We are passionate to save viable businesses and provide the best possible advice to directors, creditors and stakeholders in insolvency resolutions.
We have capacity to handle medium and large size assignments for resolutions under SARFAESI, DRT and NCLT. We have expertise on the legal compliances and viable resolutions methods to be adopted on dynamics of given transactions. This is achieved due to hands on experience of the Group Members.
Our Group profile reflects the inherent strength in providing resolutions, with adequate knowledge and experience on strategic assessments of business entities. These assessments are based on different aspects of an organization, such as corporate governance, financial, economic & technical viability & legal procedures to be adopted. This may include Forensic audit, TEV Studies, Valuations, Market Studies and Managerial Assessments. Based on the said assessments, we prepare an Information Memorandum and a resolution plan, for submission to the Committee of Creditors and NCLT and proceed for necessary action in time bound manner. The professional team has revived and resolved various NPA accounts in the past.
Our Services includes:-
Legal preparations for filling insolvency petition with NCLT.
Appear before NCLT as counsel and Insolvency professional.
Arrange Creditors meeting (Electronically / Physically)
Take physical custody of operations as per the IBC.
Prepare the resolution plan & Information Memorandum.
Act as creditors representative as Insolvency professional in creditors meeting.
Consider possible application of various schemes of Reserve Bank of India.
Source Equity Partners / Structured Debt to enable Companies to raise funds for successful implementation of resolution plan.
Source possible buyers & change on management.
Assist in implementation of Resolution Plan.
Act as a Liquidator.