The Committee of Creditors (CoC) needs the professional services of Process Advisors, who can provide professional guidance regarding formulation of eligibility criteria for prospective resolution applicants and design appropriate evaluation matrix so that the most appropriate Resolution Applicants get shortlisted so as to not only maximize the value for all the stakeholders but also select the right Resolution Applicants, who are able to run the Corporate Debtor in an efficient manner after the acquisition.
Process advisor plays an extremely important role in finding a balance amongst Creditors of Committee (CoC), resolution professional and investor. Amongst many things, Process advisor negotiates on behalf of lenders for best possible recovery, provides assistance to lenders in taking an informed decision.
Preparation of Evaluation Matrix during CIR Process
Identification of right mix of Resolution Applicants during CIR Process
Preparation and Vetting of Resolution Plans of Resolution Applicants during CIR Process
Our Process Advisory assistance is not limited to the cases under NCLT, we also actively help the lenders and provide professional services as Process Advisor for resolution of stressed assets at pre-NCLT stage, so as to save time and resources for the lenders and have quicker resolution.