Practice · Flagship
We see viable assets first, diligence them on the ground, and stay until control changes hands. Buy-side, creditor-side, and strategic acquirers.
The thesis
The IBC moved India to creditor-in-control resolution. Form G invites bids, but by then the file is crowded and the price is set. The viable assets — the ones with a real restart case — are visible earlier, in the notices, the financials, and the site.
We read the docket daily. We triage notices the day they post. When an asset looks viable, we are on the ground inside a week: plant, debt stack, claims, and a grounded restart estimate. By the time the EOI window opens, our acquirer already knows the number and the route.
Then we stay. From EOI to resolution plan to the transition PMU, the same two principals are in the room. No handoff to a junior team after the mandate is signed.
Engagement modules
We track 60+ live NCLT/IBBI situations and triage new notices same-day. You get a shortlist of viable assets matched to your mandate — sector, ticket size, geography — not a data dump.
Two to four weeks per asset: site visit, debt-stack and claims map, operational condition, and a grounded restart estimate. We also run a Section 29A eligibility review before you commit cost.
EOI drafting, resolution-plan inputs, CoC engagement, and deal structuring alongside your counsel and lenders. We frame the offer; the decision and the legal opinion stay with you.
From day one of control, an operating rhythm that protects value: milestone tracking, vendor and approval management, and independent reporting to you and your lenders.
Who it is for
We work on the buy-side. Where there is a conflict, we say so before the first meeting.
Selected situations · anonymised
Reading a crowded CoC where homebuyers held the votes — and what made the asset workable.
Read case →Site visit, debt stack and a grounded restart estimate on a plant being sold as a going concern.
Read case →We act only where eligibility under Section 29A is clear, and we make no representation as to the outcome of any CIRP, auction or resolution process. Examples are anonymised and illustrative.
Next step
Tell us your mandate — sector, ticket size, geography — and we will walk you through the live pipeline and the assets that fit.
Sharp Situations Weekly
New Form G notices, liquidation orders, and the viable assets we are tracking — triaged and sent every Friday. Built for funds and strategic acquirers. No filler.
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