IBC Advisory Services

Insolvency and Bankruptcy Code (IBC) was approved by both Houses of Parliament and received the Presidential assent in May 2016. Later on, 01st December 2016, the Insolvency and Bankruptcy Code (IBC) was operationalized. IBC creates a new-found institutional framework, entailing a regulator, insolvency specialists, information functions and adjudicatory mechanisms, that will facilitate a formal and time-bound insolvency resolution process and liquidation.


With a panel of more than 15 IBBI registered insolvency professionals operating at a PAN India level, TRC is providing in-house expertise for taking care of all significant tasks/activities in the Resolution/Liquidation process including Compliances, Transactions, Operations, Supervision and Resolution.

TRC is further assisting resolution professionals by providing a wide array of ancillary services such as FAR Management, 29 A Verification, Collation of claims, evaluation of resolution plans and process advisory.

Insolvency & Bankruptcy Code 2016 (IBC) aimed to be a game-changer in the Indian banking system, pursuing to deal with insolvency and liquidation procedures in a time-bound, competent, and effective manner. To abide by the provisions of the Insolvency and Bankruptcy Act, insolvency professionals need to be equipped with legal skills. We at TRC Corporate Consulting can help you fulfil all statutory obligations in various ways.

What is TRC Corporate Consulting’s Role?

Our consulting solutions include insolvency, turnaround, operational and corporate financial restructuring services. Our expert teams approach every kind of situation with unbiased understanding and respect. We, at TRC, understand that every business situation is different, and we have committed teams dedicated to specific specialized areas which ensure that you get only the right advice.

Our Insolvency And Bankruptcy Code professionals also offer support to resolution professionals for corporate debtor’s Corporate Insolvency Resolution Process, which includes handling the companies managerial and operational affairs.

Some of TRC’s solutions include, but are not limited to:

Debt advisory

Insolvency services

Asset tracing

Cash flow monitoring

Profitablity study

Stock audit and management

Receivable audit and management

We extend a partner-led, integrated consulting service that incorporates assessments, cost analysis, valuations, stakeholder management, tax advisory, and comprehensive step plans for effective delivery of the IBC process. Our Insolvency and Bankruptcy Code (IBC) advisory services facilitate organizations to safeguard shareholder value in the formal insolvency code proceedings as regulated under the Insolvency & Bankruptcy Code 2016.

TRC’s Offerings Under Services for Insolvency and Bankruptcy Code:

Guidance and assistance in formulating and executing restructuring strategies through a tribunal process or the proper court.

Guidance on the Insolvency & Bankruptcy Code, 2016 involving restructuring and insolvency procedures as mentioned and planned therein.

Guidance in structuring legal and regulatory decisions, including probable advantages of restructuring.

Assistance with drafting, negotiating, and confirming applicable transaction documents, including solicitations, appeals, and declarations.

Guidance and support for structuring and implementing a withdrawal strategy for shareholders and investors from stressed-out assets that include strategic sales, demergers, dissolutions, recession sale and auctions.

Support directors and key managerial personnel with their liabilities and obligations related to restructuring, formal and informal insolvency procedures.

Undertake the liquidation process available to different debtors under the legal, regulatory and policy framework which includes the Companies Act of 2013 and the Insolvency and Bankruptcy Code of 2016.

Develop turnaround plans or resolution plans. We, at TRC Corporate Consulting, provide market-leading advisory and consulting services with a focus on strengthening recoveries, enhancing financial performance, and undertaking the essential structural and financing issues of an entity. With the extensive expertise and success that our insolvency experts have gained from working with clients across industries, you can trust and rely on TRC delivered insolvency solutions. For any query, contact our team!


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Internal Audit does not only ensure your business is protected against potential frauds and leakages but also ensures you have robust and strong structures that help aid your growth and development.

Professional consultancy, whether from the perspective of regulatory compliances or risk mitigation objectives, always helps steer the organization towards the right direction. This ensures the business is protected against uncertainty and potential review by regulatory institutions.

We at TRC have a strong vertical with professionals who help ease the burden of sourcing acquiring and managing the Talent pool specifically in functions pertaining to Finance/Audit/Taxation & Other business verticals. Our repository of CVs helps us identify the most relevant match for your needs.

The Company Law mandates the requirement of a professional Registered Valuer to issue a report whenever any kind of ESOPs or Preference Shares are allocated /allotted. Also, whenever any type of capital is raised, a professional valuation report is demanded by the investors.

TRC has a strong team of professionals who have the experience and knowledge to manage all tax needs of any organization. We have a well-defined team to manage Direct as well as Indirect Tax matters right up to the highest level of authorities.