Expert guidance and management for seamless insolvency resolution under the IBC framework.
At VProWide FinAdvisory, we provide professional Interim Resolution Professional (IRP) and Resolution Professional (RP) Services to manage the corporate insolvency resolution process (CIRP) efficiently and transparently. Our licensed professionals are registered with the Insolvency and Bankruptcy Board of India (IBBI) and possess extensive experience in handling insolvency cases across multiple industries.
From the initiation of insolvency proceedings to the final resolution, our team ensures strict compliance with the Insolvency and Bankruptcy Code (IBC), 2016 — protecting creditor interests while facilitating fair and effective resolution plans for the corporate debtor.
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What are IRP & RP Services?
An Interim Resolution Professional (IRP) is appointed to take control and manage the affairs of a corporate debtor after the insolvency process begins. Once confirmed, the IRP becomes the Resolution Professional (RP), responsible for conducting the entire resolution process — including claim verification, formation of the Committee of Creditors (CoC), and implementation of the resolution plan.
Our IRP/RP services are structured to ensure a smooth, legally compliant, and time-bound resolution process for all stakeholders involved.
Key Benefits
Transparent Insolvency Management: Complete control and administration of the debtor’s operations during CIRP.
Efficient Claim Handling: Systematic verification and processing of all creditor claims.
Stakeholder Coordination: Smooth interaction and communication between CoC, debtors, and regulators.
Compliance Assurance: Strict adherence to IBC timelines, documentation, and reporting.
Effective Resolution Planning: Development and execution of feasible and sustainable resolution strategies.
Why Choose ?
Our certified professionals manage insolvency cases with precision and compliance under IBC regulations.
We ensure fairness, accuracy, and timely updates throughout the entire resolution process.
Balancing creditor and debtor interests through structured communication and transparent reporting.
Strict adherence to IBBI and NCLT standards, ensuring smooth and risk-free resolution proceedings.
Our Approach
FAQs – Interim Resolution Professional
An IRP is appointed at the beginning of insolvency proceedings to take control of the corporate debtor’s management and assets.
The National Company Law Tribunal (NCLT) appoints the IRP upon admission of insolvency proceedings, and the Committee of Creditors confirms or replaces them as RP.
As per IBC regulations, the CIRP must be completed within 180 days, extendable up to 330 days in exceptional cases.
The IRP manages the initial phase of insolvency; once confirmed by the Committee of Creditors, they continue as the Resolution Professional (RP) for the rest of the process.
An RP manages the resolution process, verifies claims, conducts CoC meetings, prepares information memorandums, and oversees the evaluation of resolution plans.
Yes, our team offers complete representation, documentation, and compliance support before NCLT and IBBI throughout the insolvency process.
