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Control and Custody of Corporate Debtor

Ducturus Group has a team of human resources, who are trained and experienced for taking over physical and virtual control over the operations and assets of the Corporate Debtor from the existing Key Managerial Personnel (KMPs) and to maintain its control over the operations of Corporate Debtor and to protect the assets and businesses of the Corporate Debtor. Following is the process followed by the team for effective and timely control over the Corporate Debtor: –

  • To visit all locations of the businesses or assets of the Corporate Debtor and identify the locations and assets
  • To make an inventory of the assets or businesses of Corporate Debtor and make videos and take pictures for the purpose of records and presenting it before the Committee of Creditors .
  • To depute security guards at key entry and exit points to assure protection of assets and to prevent any fraudulent or unauthorized removal of property of the Corporate Debtor.
  • To install CCTV cameras so as to have 24*7 watch over the assets of the CD.
  • To supervise the operations of Corporate Debtor and to do all such acts required for keeping the Corporate Debtor as a going concern.

All the above jobs are also done for the Insolvency Professional of DRPPL appointed as liquidator in any matter. Similar services would also be provided in the case of Insolvency Resolution Process and Bankruptcy Process of Individuals, Proprietorship Concerns and Partnership Firms.

Ducturus

0172-5028808

SCO 818 ,1st Floor,
NAC Manimajra,
Chandigarh-160101
support@ducturus.com

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