Decode Resolvency International is recognized by The Insolvency & Bankruptcy Board of India (IBBI) under its Regulation 12 (1) of Insolvency Professionals Regulations, 2016 as an Insolvency Professional Entity (IPE). The sole objective of the entity is to provide support services to its partners or director, who have been enrolled as a member of an insolvency professional agency (IPA)
In exercise of the powers conferred on it by sections 196, 207 and 208 read with section 240 of Insolvency and Bankruptcy Code, 2016 (IBC), Decode Resolvency International offers synergies to Interim Resolution Professional (IRPs) and Resolution Professional (RPs) for efficiently executing their assignments.
We have cross-functional expertise with a deep understanding of how businesses work – beyond compliance. Decode is led by professionals who have closely worked with the banks, NBFCs, funds and corporate in the areas of debt restructuring, stress asset management, business turnaround strategies, fundraising, mergers and acquisition. We strategically hold the advantage of having Pan India presence with our head office in Mumbai.
Name | Total Debt | Plant/Site Location | Industry | Status |
---|---|---|---|---|
Value Industries Century Appliances Trend Electronics |
(Videocon Group) INR 23,000 crore | Maharashtra | Consumer Electronics and Home Appliances | These were consolidated into single entity by NCLT and a different RP. |
Shree Radhe Industries Limited | 150 crore | Maharashtra | Manufacturing & Engineering | Liquidation |
Lokhandwala Kataria Construction Pvt Ltd | 43 crore | Maharashtra | Real Estate | Resolution |
Ramanand Steel Ltd | 85 crore | Maharashtra | Iron & Steel | Liquidation |
Ambey Iron Pvt Ltd | 84 crore | Maharashtra and Goa | Iron & Steel | As IRP |
Shivamispat Pvt Ltd | 24 crore | Goa | Iron & Steel | Resolution |
DLS Industries | 9 crore | Maharashtra | Manufacturing | Liquidation |
Siddhi Vinayak Logistic Limited | 3100 crore | Gujarat | Transportation, Logistics | Liquidation |
Anand Distilleries Pvt Ltd | 110 crore | Maharashtra | Distillery | Resolution |
Topworth Steels and Power Pvt Ltd | 800+ crore | Madhya Pradesh and Chhattisgarh | Steel & Power | On-going IRP Process |