Company: InCorp Advisory Services
Location: Bengaluru, Karnataka
Experience Range: 0 to 1 years
Job description
Roles & Responsibilities
- Assist in handling Corporate Insolvency Resolution Process (CIRP), Liquidation, Voluntary Liquidation, and Personal Insolvency matters.
- Draft and review petitions, applications, and reports to be submitted to NCLT/NCLAT.
- Conduct legal and regulatory research on insolvency and corporate restructuring issues.
- Participate in site visits to assess operational viability, asset conditions, and management of distressed companies.
- Coordinate with Resolution Professionals (RPs), creditors, corporate debtors, and other stakeholders.
- Draft notices, agendas, meeting minutes, voting sheets, and results for COC/SCC meetings.
- Support the vetting of Resolution Plans and preparation of due diligence reports.
- Assist in preparing key CIRP documents such as:Information Memorandum, Evaluation Matrix, Request for resolution plan, evaluation matrix during the CIRP.
- Draft and manage Process Memoranda, Asset Memoranda, and stakeholder lists during liquidation.
- Manage and support the e-auction process during the Liquidation stage.
- Ensure statutory compliance with authorities include,ing IBBI and IPA.
- Coordinate with professionals like legal advisors, valuers, and auditors for timely task execution.
- Handling e-auction process during the Liquidation Process.
- Ensure timely statutory compliance with regulatory authorities, including the Insolvency and Bankruptcy Board of India (IBBI) and Insolvency Professional Agencies (IPA).
- Liaise and coordinate with appointed professionals (legal advisors, valuers, transaction auditor, etc.) to ensure a smooth flow of information and timely execution of tasks.
- Handle miscellaneous assignments, including other legal and insolvency-related tasks.
Preferred candidate profile
- LL.B or equivalent law degree
- 0-1 years of experience in corporate law, insolvency law, or related legal practice.
- Strong knowledge of the Insolvency and Bankruptcy Code, 2016.
- Excellent legal drafting, research, and analytical skills.
- Good communication and stakeholder management abilities.
Requirements:
- LLB with 1 year of experience or Fresher or GIP Trainees
- Proficient knowledge in the Insolvency and Bankruptcy Code, 2016. (Preference will be given to candidates with experience in the Insolvency and Bankruptcy Code, 2016).
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