Ducturus provides to its director’s complete legal support for day to day guidance and for an understanding of various legal documents received by the directors along with the claims and other documents sourced from Corporate Debtor. The legal team also supports the directors of Insolvency Professional Entity for various provisions of Code and regulations made for Corporate Insolvency Resolution Process and liquidation processes. Followings are the key supports provided by a legal team to Insolvency Professionals who are directors of DRPPL: –

• To provide in-house support as a legal associate of Insolvency Professionals who are the directors of Insolvency Professional Entity for the efficient conduct of CIRP and Liquidation Process.
• To provide consultation to directors on various provisions of Code and regulations made under the Code for conducting the CIRP and Liquidation Process.
• To co-ordinate and interact with Legal Counsel appointed for handling litigations initiated by Resolution Professional or any other person.
• To draft progress reports and other documents required to be filed before the Adjudicating Authority or any other authority.
• To read through notices, applications, petitions, replies, rejoinders, etc. drafted by appointed lawyers and provide comments to assist Directors.
• To appear before Adjudicating Authority or any other court, tribunal or authority assisting the Directors or Counsels appointed by Directors in their cases.
• To make a repository of all relevant case laws.

All the above jobs are also done during the liquidation process for the Insolvency Professionals who are directors of DRPPL and are appointed as liquidator. Similar services would also be provided in the case of Insolvency Resolution Process and Bankruptcy Process of Individuals, Proprietorship Concerns and Partnership Firms.