Insolvency

End-to-end insolvency and bankruptcy advisory with strategic resolution planning.

MITTAL ASHOK & CO

We believe in going beyond the fundamentals to provide comprehensive, strategic solutions for your business needs. Our approach involves fostering strong relationships, staying informed about the latest developments, and ensuring that all regulatory requirements are met. Whether you're starting a new venture or managing an established business, we focus on guiding you through complex challenges with a commitment to accuracy, compliance, and long-term success.

Services Details

Overview of Insolvency Services

We provide comprehensive insolvency and bankruptcy advisory services under the Insolvency and Bankruptcy Code (IBC). Our approach focuses on protecting stakeholder value, ensuring compliance with regulatory requirements, and executing structured resolution strategies for stressed companies and financial creditors. With deep expertise in corporate finance, restructuring, and statutory procedures, we assist clients through the entire lifecycle—from financial distress assessment to resolution or liquidation.

Corporate Insolvency Resolution Process (CIRP)

We support corporate debtors, financial creditors, and operational creditors in navigating the CIRP framework efficiently.
Our CIRP services include:

  • Preparing and filing applications before NCLT

  • Managing claims from creditors

  • Reviewing financial statements and business viability

  • Coordinating with Committee of Creditors (CoC)

  • Drafting and evaluating Resolution Plans

  • Compliance with IBBI regulations and timelines

We ensure that the entire process remains transparent, well-documented, and fully aligned with statutory obligations.

Representation Before NCLT and Regulatory Authorities

Our insolvency practice includes complete representation before:

  • NCLT (National Company Law Tribunal)

  • IBBI (Insolvency and Bankruptcy Board of India)

  • Stakeholders and creditors during negotiations

We prepare all legal and financial documentation required for hearings and ensure that proceedings progress smoothly.

Liquidation & Post-Resolution Support

When resolution is not feasible, we guide companies through structured liquidation while protecting asset value.
Our liquidation services include:

  • Taking charge as Liquidator (where applicable)

  • Preparing the Liquidation Estate

  • Conducting asset valuation and sale

  • Managing distribution of proceeds

  • Final reporting and closure

For businesses emerging from insolvency, we offer post-resolution support to help them regain financial stability and operational efficiency.

Advisory for Stressed and Distressed Businesses

We help businesses identify early signs of financial stress and create revival strategies before insolvency becomes inevitable.
This includes:

  • Financial restructuring

  • Cash-flow analysis and turnaround planning

  • Debt renegotiation with lenders

  • Corporate governance improvements

Our goal is to stabilize operations, restore confidence, and prevent further decline.

Contact Us

Working with MITTAL ASHOK & CO

  • Commitment to Excellence: We prioritize delivering solutions that maintain the highest standards of quality and precision.
  • Transparency and Integrity: Building trust and maintaining clear, open communication is at the core of our approach.
  • Cost Efficiency: Our solutions help reduce operational costs by optimizing resources and minimizing inefficiencies.
  • Streamlined Business Operations: By handling key aspects of your business needs, we allow you to focus on your core competencies and growth.
  • Compliance Assurance: We ensure your organization remains up-to-date with all regulatory requirements, mitigating risk and ensuring smooth operations.