In the Event of Liquidation

In the Event of Liquidation

Liquidation Services: Asset Control & Management in the Event of Liquidation

  1. Take over control from the RP.
  2. Preserve the CD’s assets and maintain the CD as a going concern.
  3. Supervise the E-auction process, if applicable.
  4. Conduct due diligence for the sale of the CD as a going concern under Regulation 32A of the IBBI (Liquidation Process) Regulations, 2016.
  5. Perform legal vetting and finalize contractual obligations.
  6. Any other work as mutually agreed upon.