Voluntary Liquidation Services
Having perused the Code, S & S Associates believe that the role of professionals has expanded significantly under the Insolvency and Bankruptcy Code, 2016. We assist our clients to wind up a company through a voluntary process, along with a full range of allied services.
We maintain a separate, dedicated website for Voluntary Liquidation services. Please get in touch and we'll point you to it.
Get the linkWho is a Liquidator?
Under the Code, a "Liquidator" means an insolvency professional appointed as a liquidator in accordance with the provisions of the Act. Our service offering under the regime includes, but is not limited to, acting as the Liquidator in the voluntary liquidation of a company.
Winding up a company, step by step
We assist clients to wind up a company through a voluntary process and provide the following allied services.
Acting as Liquidator
Acting as the Liquidator for the liquidation process.
Claims & Assets
Verification of claims, taking custody of all the assets, and evaluation of the assets and property.
Beneficial Continuation
Carrying on the business of the corporate debtor for its beneficial liquidation.
Distribution of Assets
Distribution of assets in the manner laid down under the Code.
Dissolution Application
Application to the competent authorities for dissolution of the corporate debtor.
Statutory Reporting
Preparing and submitting the various reports as per Regulation 8(1) of the Insolvency and Bankruptcy Code, 2016.
Other Assignments
Other assignments under the Insolvency and Bankruptcy Code, 2016.
Market-leading advisory around liquidation
We provide market-leading advisory and consulting services with a focus on strengthening recoveries, enhancing financial performance, and undertaking the essential structural and financing issues of an entity. Below are glimpses of the advisory and consulting services we extend to clients pertaining to liquidation.
Our advisory & consulting services
A snapshot of how we support clients through restructuring, exit and liquidation.
Guidance and assistance in formulating and executing restructuring strategies through a tribunal process or the proper court.
Guidance on the Insolvency & Bankruptcy Code, 2016 involving restructuring and insolvency procedures as planned therein.
Guidance in structuring legal and regulatory decisions, including the probable advantages of restructuring.
Assistance with drafting, negotiating and confirming applicable transaction documents, including solicitations, appeals and declarations.
Structuring and implementing a withdrawal strategy for shareholders and investors from stressed assets - including strategic sales, demergers, dissolutions, recession sales and auctions.
Facilitating and implementing an exit and divestment strategy.
Supporting directors and key managerial personnel with their liabilities and obligations related to restructuring and formal or informal insolvency procedures.
Undertaking the liquidation process available to different debtors under the legal, regulatory and policy framework - including the Companies Act, 2013 and the IBC, 2016.
Developing turnaround plans or resolution plans.
Planning a voluntary liquidation?
Talk to our Insolvency Professionals for a confidential, no-obligation discussion of your requirement.
Book Free ConsultationFrequently asked questions
What is voluntary liquidation?
It is the process of winding up a company voluntarily under the Insolvency and Bankruptcy Code, 2016, supported by allied services from acting as liquidator through to distribution of assets and dissolution of the corporate debtor.
Who is a Liquidator under the Code?
A "Liquidator" means an insolvency professional appointed as a liquidator in accordance with the provisions of the Act.
What allied services do you provide?
Acting as liquidator, verification of claims and custody and evaluation of assets, carrying on the business for beneficial liquidation, distribution of assets, application for dissolution, and preparing reports under Regulation 8(1) of the IBC, 2016.
What advisory and consulting services do you offer around liquidation?
Restructuring strategy through a tribunal or court, guidance under the IBC, structuring legal and regulatory decisions, transaction documentation, withdrawal, exit and divestment strategies, support for directors and KMP, and turnaround or resolution plans.