SUPPORT PROVIDED BY DUCTURUS TO OTHER INDEPENDENT INSOLVENCY PROFESSIONALS

DRPPL is fully compliant Insolvency Professional Entity (IPE) as per The Insolvency and Bankruptcy Code, 2016, IBBI (Insolvency Professionals) Regulations, 2016 as amended from time to time and as per Circulars issued by IBBI for various compliances.

Being an IPE, DRPPL also provides support services to other independent Insolvency Professionals in carrying out various assignments where they may be appointed, including their appointment as:

  • Interim Resolution Professional in the Corporate Insolvency Resolution Process of any Corporate Debtor.
  • Resolution Professional in the Corporate Insolvency Resolution Process of any Corporate Debtor.
  • Liquidator in the Liquidation Process of any Corporate Debtor .
  • Liquidator in the process of Voluntary Liquidation of a Corporate Debtor under section 59 of the Code.
  • Resolution Professional in Fresh Start Process under Chapter II of the Code.
  • Resolution Professional in Insolvency Resolution Process of Individuals, Proprietorship Concerns and Partnership Firms under Chapter III of the Code.
  • Bankruptcy Trustee in the Bankruptcy process of any Individual or Partnership Firm.
BRIEF DETAIL OF THE SUPPORT PROVIDED TO INDEPENDENT IPs BY DUCTURUS
Name of the IP Name of the Corporate Debtor Sector/Industry Types of services provided
Sandeep Jain Paramount Propbuild Private Limited

 

It is one of the leading real estate group of Greater Noida Provided complete   support/ infrastructure  to conduct the CIRP of the Corporate Debtor during the tenure of Interim Resolution Professional

BRIEF DETAIL OF THE SUPPORT PROVIDED TO INDEPENDENT IPs THROUGH GROUP ENTITY

Name of the IP Name of the Corporate Debtor Amount of debt involved Types of services provided
xxx xxxx 449.78 Completed the process of verification of +3000 financial creditors in the class of home-buyers including regular coordination with them for this purpose. Prepared the information memorandum and also provide consultation advice to the IP for the smooth CIRP of the CD on regular basis.
xxx xxxx 37.24 Provided complete   support/ infrastructure  to conduct the CIRP of the Corporate Debtor
xxx xxxx 128.58 Providing complete support/ infrastructure to conduct the CIRP of the Corporate Debtor
xxx xxxx 34.66 Providing complete support/ infrastructure to conduct the CIRP of the Corporate Debtor
xxx xxxx 288.55 Appointed as the Process Advisors for the purpose of finding the eligible Resolution Applicant for the Corporate Debtor
xxx xxxx 142.08 Appointed as the Process Advisors for the purpose of finding the eligible Resolution Applicant for the Corporate Debtor
xxx xxxx 406.373 Providing complete support/ infrastructure to conduct the CIRP of the Corporate Debtor
xxx xxxx 550 Provide consultation advice to the IP for the smooth CIRP of the CD including attending the COC meeting, submissions of disclosure , verification of claims, preparation of Information Memorandum etc