Practice Area

Insolvency & Restructuring Advisory

Accounting, audit, and advisory support in matters relating to corporate insolvency, debt turnaround, and PUFE reviews.

Strategic Scope & Purpose

Overview of Our Insolvency & Restructuring Advisory Practice

Our team provides comprehensive accounting, audit, and advisory support in matters relating to corporate insolvency and restructuring under the Insolvency and Bankruptcy Code (IBC 2016). We support Resolution Professionals, Committee of Creditors (CoC), lenders, and corporate debtors.

Comprehensive Sub-Services Included5 Modules

1

PUFE Transaction Audits under IBC

Forensic audit of corporate debtor books to identify Avoidance Transactions: Preferential (Sec 43), Undervalued (Sec 45), Extortionate (Sec 50), and Fraudulent (Sec 66).

Deliverables:PUFE Audit Report with Evidence AnnexuresLook-Back Period Analysis Dossier
2

Transaction & Forensic Review

Detailed forensic review of accounts, bank statement tracing, diversion of borrowed funds detection, and verification of suspect ledger transactions.

Deliverables:Forensic Transaction Review ReportCash Flow Tracing Charts
3

Insolvency-related Consultancy

Advisory to management, promoters, and creditors navigating corporate distress, pre-pack insolvency, or liquidation proceedings.

Deliverables:Pre-Insolvency Assessment MemorandumTurnaround Roadmap
4

Financial & Accounting Support in Insolvency Proceedings

Preparation of Information Memorandums, verification and reconciliation of operational/financial creditor claims, and virtual cash flow monitoring.

Deliverables:Creditor Claim Verification SheetsCIRP Financial StatementsVirtual Data Room (VDR) Management
5

Advisory for Companies and Individuals in Insolvency Matters

Strategic counsel regarding personal insolvency, guarantor liabilities under IBC, and debt resolution settlement schemes.

Deliverables:Guarantor Liability ReviewResolution & Settlement Proposals
Why ASGR and CO

The Firm Advantage

Forensic expertise backed by ICAI diplomas in Insolvency and Fraud Detection (FAFD)
Exhaustive investigations of Preferential, Undervalued, Fraudulent, and Extortionate (PUFE) transactions
Support to Resolution Professionals (RPs) and Liquidators during CIRP processes
Viable debt restructuring and One-Time Settlement (OTS) proposal drafting

Direct partner supervision across all audit checklists and statutory representations.

Initiate Engagement

Request a Consultation for Insolvency & Restructuring Advisory

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Connect with Our Partners

Fill out the form below or contact our Mumbai offices directly at +91 93249 76856.

🔒 Confirmed strict non-disclosure & professional confidentiality under ICAI Code of Ethics.