INSOLVENCY PROFESSIONAL
Insolvency professionals (IPs) play a crucial role in the insolvency and bankruptcy process, providing various services to different stakeholders involved in the resolution of distressed companies.
Resolution Process Management:
- IPs manage the entire resolution process, ensuring compliance with the relevant insolvency laws and regulations.
- Facilitate communication and coordination among creditors, debtors, and other stakeholders.
Financial Analysis and Assessment:
- IPs conduct a thorough financial analysis of the insolvent company to assess its financial health and viability.
- Evaluate the feasibility of various resolution plans submitted by prospective resolution applicants.