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16/04 Ramiya
HR at Pranjal Corporate Services Private Limited

Views:1039 Applications:107 Rec. Actions:Recruiter Actions:77

Pranjal International Resolutions - Assistant Vice President - Insolvency (2-8 yrs)

Mumbai Job Code: 915189

Below is our company profile and Job Description :

Pranjal Group was Incorporated in 1983, was promoted by the vision and perseverance of the founders. Over the years, the Group has forayed into verticals like Investment Banking, Debt Syndication, Private Equity, Debt Restructuring & most recently Stressed Assets Resolution.

With a legacy of 800+ satisfied clients and successful transactions worth 350 Billion over a period of 36 years, the Group offers the next addition to its business verticals - Pranjal International Resolutions Pvt Ltd (PIRPL), an IBBI recognized Insolvency Professional Entity

PIRPL offers the following services :

- Resolution Professional

- Authorized Representative

- Appearance before NCLT & NCLAT

- Resolution Plan

- M&A Advisory

- Valuation Advisory

Job Responsibility :

- Assisting RP to run CIRP under Insolvency and Bankruptcy Code, 2016 including coordination with COC; Liaison with Corporate Debtors, Lawyers, Valuers and 3rd Party Vendors, Assisting Resolution Applicants in completion of Due Diligence, Assessment of Resolution Plan etc.

- Preparation of timelines and SOPs for Corporate Insolvency Resolution Process, Voluntary Liquidation for Corporate Persons, Liquidation Process and Fast Track Insolvency Process.

- Drafting of all Agenda, notices of the meeting of Committee of Creditors, minutes of meeting of CoC

- Preparation of Financials in and accordance with Resolution Plan considering all the effects of various laws

- Preparation of Invitation for Expression of Interest, Information Memorandum, Evaluation Matrix for evaluating the resolution plans received, Request for Resolution Plan (RFRP)

- Liaising with Creditors (FCs, Homebuyers, OC etc.)

- Collating and verification of claims in accordance with law, with valid supporting evidences

- Updating various trackers to keep a tab on time-bound execution of processes / compliances

- Assisting the RP and team during the CIRP / liquidation process

- Coordinating with E-voting agencies, handling and E-voting process

- Liaising with external agencies such as Registered Valuers, Transaction Auditors as and when required

- Preparation of technical & financial quote for bidding case from FCs

- Preparation of Resolution Plan, in cases where the IPE is advising the Resolution Applicant

- Drafting Preliminary reports, Asset Memorandum, Progress Reports as per Liquidation Regulation

- Assisting the IPE in executing assignments under stressed advisory vertical

Qualification requirement :


- Degree in Law will be an added advantage

Experience requirement :

- 2 -8 years experience in service industry, with a minimum experience of 1 year in handling IBC assignments

- Experience in handling CIRP / liquidation assignments

Domain Knowledge :

- IBC 2016, RBI circulars pertaining to stressed assets, Companies Act, 2013, other applicable laws

- Financial Modelling skills

Computer proficiency - Advanced Excel, Power Point, Research tools

Other qualities :

- Excellent communication skills

- Should be able to work on strict deadlines and pressure

- Ability to think out of the box and offer suggestions / solutions

- Hard working and dedicated

Women-friendly workplace:

Maternity and Paternity Benefits

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