Insolvency Overview | Savlana Init

Insolvency Advisory

Insolvency Overview — Understand the Process. Protect Your Interests.

Advisory support to help stakeholders understand and navigate insolvency processes under the Insolvency and Bankruptcy Code.

Insolvency proceedings under the Insolvency and Bankruptcy Code involve a structured process for resolving financial distress, whether through resolution or liquidation.

We advise creditors, debtors, and other stakeholders on the applicable process, timelines, and their rights and obligations under the Code.

Our support covers guidance through the corporate insolvency resolution process, liquidation, and related regulatory requirements.

Our Insolvency Advisory Services

Process Assessment

Assessing the applicable insolvency process based on the stakeholder's position.

Stakeholder Advisory

Advising creditors, debtors, and other stakeholders on their rights under the Code.

CIRP Guidance

Guidance through the corporate insolvency resolution process and its timelines.

Liquidation Guidance

Advisory on the liquidation process where resolution is not achieved.

Claims Assistance

Support in filing and substantiating claims before the resolution professional.

Committee of Creditors Advisory

Advising members of the committee of creditors on process matters.

Regulatory Compliance

Ensuring compliance with applicable IBC regulations through the process.

Documentation Support

Preparing documentation required at various stages of the process.

Our Process

Situation Assessment

Understanding the stakeholder's position and the relevant trigger for insolvency.

Process Identification

Identifying whether CIRP, liquidation, or voluntary liquidation applies.

Stakeholder Guidance

Advising on rights, timelines, and next steps under the applicable process.

Filing & Compliance

Supporting filings and compliance required during the process.

Process Monitoring

Monitoring progress and advising through to resolution or closure.

Why It Matters

✓Clear understanding of applicable insolvency process

✓Guidance on stakeholder rights under the Code

✓Support through CIRP and liquidation timelines

✓Assistance with claims filing and substantiation

✓Advisory for committee of creditors members

✓Experience across insolvency process types

✓Reduced uncertainty during proceedings

✓Structured, compliant documentation support

Frequently Asked Questions

Insolvency refers to a situation where an entity is unable to pay its debts, triggering a resolution process under the Insolvency and Bankruptcy Code.

CIRP, or the Corporate Insolvency Resolution Process, aims to resolve the debtor's financial distress, while liquidation involves winding up and distributing assets when resolution fails.

Insolvency proceedings can typically be initiated by financial creditors, operational creditors, or the corporate debtor itself, subject to applicable thresholds.

Voluntary liquidation is a process initiated by a solvent company's own members to wind up its affairs, distinct from insolvency-triggered liquidation.

The Corporate Insolvency Resolution Process has a statutory timeline, generally targeted to conclude within a defined period, subject to permissible extensions.

Yes, we advise creditors, debtors, and other stakeholders on their respective rights and obligations during insolvency proceedings.

Facing an insolvency situation or process?

We help stakeholders understand the process and protect their interests.