Resolution & Insolvency Advisory

BSC ADVISORS ▬ Advisory services

At BSC, we help you navigate the IBC with confidence through end-to-end legal, strategic, and operational support — from initiating proceedings to resolution and implementation.

Key Services

Drafting and Filing CIRP Applications Before NCLT

We draft and file applications under Sections 7, 9, and 10 of the IBC for initiating CIRP against corporate debtors. We ensure accurate documentation, statutory compliance, and effective representation before the Hon’ble NCLT.

Support Services to Resolution Professionals

We assist Resolution Professionals throughout CIRP and liquidation — including claim verification, formation and management of the CoC, regulatory filings, Information Memorandum preparation, public notices, and compliance.

Strategic Guidance for CIRP Initiation & Debt Recovery

We advise creditors on legal viability and documentation for initiating CIRP. We assess each case strategically to identify the best recovery route under the IBC framework, helping mitigate risks and enhance recovery.

End-to-End CIRP Advisory

We support the full lifecycle of CIRP — including appointment and coordination with IRPs and RPs, stakeholder engagement, and plan facilitation until final approval.

Review of IMs, RFRPs & Financial Data

We review Information Memoranda, RFRPs, and disclosures provided by RPs to identify compliance gaps, legal risks, and provide actionable insights to resolution applicants and creditors.

Resolution Plan Drafting & CoC Negotiation

We draft IBC-compliant resolution plans involving debt restructuring, asset sales, or revival strategies, and support negotiation with CoC members to drive plan approval.

Implementation of Approved Resolution Plans

We assist in executing approved plans, ensuring regulatory compliance, timely filings, and resolving any challenges during implementation.

Section 29A Due Diligence

We conduct due diligence to assess the eligibility of resolution applicants, including past defaults, connected party transactions, and regulatory disqualifications.

We offer the best possible profitability through our good management service

Maximizing Profitability: Our Expert Management Services Deliver Results.