In the Event of Resolution

In the Event of Resolution

Asset Management & Resolution Services in the Event of Resolution

  1. Take custody and control of all the assets of the CD’s including business records.
  2. Protect and preserve the value of the property of CD and manage the operations of the CD as a going concern.
  3. Prepare the information memorandum in accordance with Section 29.
  4. Prepare the Request for Resolution Plan (RFRP) document.
  5. Supervise the E-auction process.
  6. Conduct due diligence on prospective Resolution applicants.
  7. Perform legal vetting of the Resolution Plan.
  8. Any other work as mutually agreed upon.