About us
Primus Insolvency Resolution and Valuation Pvt. Ltd. is Entity registered under Insolvency and Bankruptcy Board of India, 2016 and was incorporated on 17th August, 2017.It got recognition as Insolvency Professional Entity on 27th February,2018 with Registration No. IBBI/IPE/0072. It is the one stop resolution for clients requiring professional guidance on Restructuring process for retrieving sick companies, in handling Liquidation process of the company where it is totally unavoidable, Credit recovery, handling business in most beneficial way in moratorium period so that claims of creditors are met profitably and all the paperwork which requires permission to be taken or submission of report with IBBI or other institutions, etc.
- To assist the Financial as well as Operational Creditors to assess the viability of the Debtor
- Studying the business of the Company and the various business verticals in which it operates
- Studying and understanding the entire debt profile of the Company with specific focus on the debt owed to the financial creditor, operational creditor and other stake holders
- Analyzing the financial statements of the company for the last 3 years
- Preparation and filing of the Corporate Insolvency Resolution Process Application with the Adjudicating Authority
- Assisting on Public Announcement as required under the Code
- Advising on the preparation of Information Memorandum and Statement of Affairs as may be desired by the Insolvency Professional in terms of the code
- Studying the sanction letters and the correspondences with the financial creditors, operational creditors, committee of creditors and Insolvency and Bankruptcy Board of India during the Corporate Insolvency Resolution Process
- Reviewing the Minutes of meeting of Committee of Creditors and any other Meetings of similar nature by creditors and advising the Company on the contents therein
- Assisting the Company in evolving strategy from Legal/ financial point of view in the meeting of Committee of Creditor/ various other similar meeting with creditors
- Exploring the various available restructuring options. Conceptualize and thereafter strategize a best fit restructuring options or a combination of two or more options for the best possible fast recovery of dues
- Preparation of the financial model and a Resolution Plan based on the mutually agreed commercially viable financial structure
- Drafting, settling and filing all representations, petitions, replies, rejoinders and all other such pleading as may be necessary before the Adjudicating Authority and appearances for hearing before the Adjudicating Authority
- Performing all Duties of an Interim Resolution Professional/ Resolution Professional by the Partner/ Empanelled Resolution Professionals in their individual capacity