Interim Resolution Profession or Resolution Professional

Steady Guidance. Structured Resolution.

When a company slides into financial distress and is admitted into the corporate insolvency resolution process, control of its affairs passes from the existing board to an independent professional appointed under the Insolvency and Bankruptcy Code. This individual, first appointed on an interim basis and later confirmed by the committee of creditors, is entrusted with running the company, protecting its assets, and steering it towards a viable resolution plan. Given the scale of responsibility and the tight statutory timelines involved, creditors, corporate debtors, and other stakeholders need experienced professionals who can manage this transition without value erosion.

Why This Matters

The period immediately after admission into insolvency proceedings is fragile. Assets can be dissipated, records can go missing, and key employees or suppliers may lose confidence in the business unless someone competent takes charge quickly and communicates clearly with all parties. A poorly managed resolution process can lead to lower recoveries for creditors, protracted litigation, and even liquidation of an otherwise salvageable enterprise. Engaging a capable resolution professional early reduces these risks and improves the odds of a successful, value-maximising outcome for everyone involved.

How We Help

Taking Charge of Operations

We step into the shoes of the erstwhile management, taking custody of the corporate debtor's assets, records, and bank accounts, and ensuring day-to-day operations continue with minimal disruption while the resolution process unfolds.

Managing the Committee of Creditors

We convene and coordinate meetings of the committee of creditors, present the information they need to make informed decisions, and facilitate voting on key matters including approval of the resolution plan.

Overseeing Claims and Valuations

We supervise the public announcement, collation, and verification of claims received from financial and operational creditors, and coordinate independent valuation exercises to establish a fair basis for the resolution process.

Evaluating and Presenting Resolution Plans

We examine resolution plans submitted by prospective resolution applicants for compliance and commercial merit, and present a compliant, viable plan to the committee of creditors and the adjudicating authority for approval.

Who Needs This

• Companies admitted into corporate insolvency resolution proceedings
• Financial and operational creditors seeking a competent professional to protect their interests
• Committees of creditors requiring guidance on process and compliance
• Promoters and management exploring resolution options for a distressed entity

Our Approach

We combine deep familiarity with insolvency law and procedure with practical business acumen, allowing us to keep operations stable while working within strict statutory timelines. Our teams stay closely engaged with all stakeholders, ensuring transparency in decision-making and pursuing outcomes that maximise value for creditors while remaining fully compliant with regulatory requirements.

Get in Touch

To discuss how we can support you with interim resolution and resolution professional services, write to us at info@agarwalurs.com.