OUR SERVICES
Transforming Financial Challenges Into Opportunities
At Primus, we offer a comprehensive suite of services designed to address the complex needs of businesses facing financial challenges. Our team of experts is dedicated to providing tailored solutions that ensure effective restructuring, efficient debt recovery, and smooth liquidation processes.
Resolution and Bankruptcy of Individuals and Firms
All directors of Primus Insolvency Resolution are registered Insolvency Professionals, licensed to undertake the Insolvency Resolution Process for both individuals and firms as per the guidelines of the Insolvency and Bankruptcy Code (IBC) 2016. Our team of experts is dedicated to providing comprehensive solutions, ensuring that every step of the insolvency process is managed with the highest level of professionalism and expertise. With a deep understanding of the IBC framework and a commitment to achieving optimal outcomes, Primus Insolvency Resolution stands as a trusted partner in navigating financial restructuring and resolution.
CIRP and Corporate Liquidation
Primus Insolvency Resolution is a registered Insolvency Professional Entity (IPE), and its directors are accredited Insolvency Professionals with extensive expertise in legal, financial, cost management, accounting, and banking matters. Leveraging their diverse experience, they are fully licensed to undertake Corporate Insolvency and Liquidation processes in accordance with the Insolvency and Bankruptcy Code (IBC) 2016. At Primus Insolvency Resolution, we are committed to delivering comprehensive and effective solutions, guiding businesses through the complexities of insolvency and liquidation with precision and integrity.
Corporate Debt Restructuring
Our services focus on restructuring a company's outstanding obligations to alleviate debt burdens by reducing interest rates and extending payment timelines. This challenging phase can potentially impact a company's reputation. We assist our clients in effectively reducing their credit burden while preserving their corporate image. All our solutions are fully compliant with the Insolvency and Bankruptcy Code, 2016, and the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act), 2002.
Lender Independent Engineers TEV Study
A Techno Economic Viability (TEV) Study and Feasibility Report provide a thorough appraisal of the technological aspects of a project and their impact on its financial viability. This study serves as a crucial risk mitigation step, helping banks decide whether to lend to a particular industrial project. Our analysis team, comprising Qualified Cost and Management Accountants (CMAs) and expert IT professionals, has extensive experience in assessing the feasibility of various projects through internal audits and professional expertise. We offer expert advice and support in the following areas:
- Technical Feasibility
- Financial Feasibility
- Operational Feasibility
Forensic Audit
A forensic audit involves a thorough examination and evaluation of a firm's or individual's financial information, crucial for companies undergoing restructuring or liquidation. As specialists in the field of accounting, we excel in conducting forensic audits with precision and efficiency. Our team is adept at uncovering financial discrepancies, fraud, and other irregularities, ensuring a comprehensive analysis. Additionally, we provide expert testimony during trial proceedings to support our clients, offering clear and credible insights that stand up to legal scrutiny. Our expertise ensures that forensic audits are conducted seamlessly, aiding our clients in navigating complex financial and legal challenges.
Due Diligence
With our extensive experience in cost accountancy and deep understanding of all related processes, we offer our clients expert advice and tailored solutions on due diligence. This critical aspect is particularly challenging for any company or financial institution involved in acquiring another entity, as extracting and verifying all pertinent facts and figures can be complex. Our team excels in conducting thorough due diligence, meticulously analyzing financial records, operational data, and potential risks. We ensure that our clients have a clear and comprehensive understanding of their acquisition targets, empowering them to make informed decisions with confidence. Our expertise transforms the due diligence process from a daunting task into a streamlined, insightful endeavor.
Corporate Finance & Subordinate Debt
With our extensive experience and strong relationships with financial institutions and corporations, we are well-positioned to assist our clients in securing the funding they need. Our certifications are highly regarded, enabling us to facilitate corporate loans and subordinate debt for businesses. We understand the unique financial needs of each client and work diligently to match them with the right funding solutions. Whether it’s obtaining corporate finance or accessing specialized funds, our expertise and connections ensure that our clients receive the best possible financial support tailored to their specific requirements.
Securitization Agent
We offer comprehensive services under the SARFAESI Act, 2002. Our expertise includes issuing legal notices to debtors, taking possession of properties, and meticulously documenting all aspects of the possession process to ensure full legal compliance. We manage and safeguard these properties with utmost care, maintaining their value and condition. Additionally, we initiate and oversee negotiations for the sale of these assets, striving to achieve the best possible outcomes for our clients. Our thorough approach ensures that every step of the securitization process is handled with precision and professionalism, providing our clients with the confidence and support they need during complex financial transactions.