What is the Corporate Insolvency Resolution Process (CIRP)?

The Corporate Insolvency Resolution Process (CIRP) is a time-bound mechanism under the Insolvency and Bankruptcy Code (IBC) 2016 of India, initiated at the National Company Law Tribunal (NCLT), to resolve insolvency of a corporate debtor within 330 days through a Resolution Professional and Committee of Creditors.

How can Dawn Global assist in CIRP advisory?

Dawn Global provides end-to-end CIRP advisory including pre-admission structuring, resolution plan formulation, Committee of Creditors (CoC) support, creditor negotiation, NCLT filing assistance, and post-resolution implementation guidance across India.

What is Personal Guarantor Insolvency under IBC?

Personal Guarantor Insolvency Resolution under the IBC 2016 is a process applicable to individuals who have provided personal guarantees to corporate debtors undergoing CIRP. Dawn Global advises guarantors on resolution proceedings, negotiation with lenders, and legal compliance under Part III of the IBC.

Can Dawn Global help distressed companies avoid liquidation?

Yes. Dawn Global specializes in pre-insolvency distressed advisory, helping businesses explore one-time settlement (OTS), debt restructuring, turnaround, and resolution plan formulation as alternatives to liquidation under IBC 2016.

Which cities does Dawn Global serve for insolvency advisory?

Dawn Global serves clients across India including Mumbai, Delhi, Ahmedabad, Hyderabad, Bangalore, Chennai, Kolkata, and Pune for all insolvency, CIRP, and IBC-related advisory matters.

Discipline 05

INSOLVENCY &
RESTRUCTURING ADVISORY

Financial distress requires rapid stabilization, objective diagnostic rigor, and credible stakeholder negotiation. DAWN GLOBAL advises promoters, boards, and lenders through formal insolvency, resolution plans, and out-of-court restructuring.

Resolution

IBC / CIRP & Liquidation

Preservation

Going Concern Enterprise Value

Consensus

Lender & Stakeholder Negotiations

Clarity in Distressed Environments

When debt service outpaces operating cash flow and creditor pressure intensifies, options narrow quickly. Navigating insolvency is both a financial and regulatory challenge where timing, legal understanding, and commercial realism dictate survival.

DAWN GLOBAL provides balanced advisory across pre-insolvency negotiations, formal IBC resolution processes, one-time settlements (OTS), and asset monetisation frameworks.

Core Practice Areas

Corporate Insolvency / CIRP

Comprehensive advisory and process management through Corporate Insolvency Resolution Process (CIRP), Resolution Applicant evaluation, and formal proceedings.

Creditor-Side Insolvency & Resolution Support

Supporting financial and operational creditors in CoC decision-making, claim verification, resolution-plan evaluation and recovery strategy.

Explore Dedicated Practice Area →

Liquidation & Value Realisation

Structuring orderly asset monetisation, auction strategy, piecemeal vs. going concern sales, and stakeholder value realisation under IBC regulations.

Personal Guarantor Insolvency

Navigating insolvency resolution processes for personal guarantors to corporate debtors, repayment plan design, and creditor negotiations.

Distressed Asset & Recovery Advisory

Advising special situations funds, ARCs, and strategic acquirers on evaluating, underwriting, bidding, and acquiring distressed assets.

OTS / Restructuring

Out-of-court debt restructuring, consensual One-Time Settlements (OTS) with banking consortiums, and bilateral resolution before formal IBC admission.

Our Restructuring Philosophy

Distress is not the end of enterprise value — it is a structural imbalance that can be resolved through disciplined execution:

Liquidity Ring-fencing: Immediate 13-week cash flow controls to preserve operational liquidity.
Sustainable Debt Determination: Calculating true debt-carrying capacity based on normalised EBITDA.
Creditor Alignment: Transparent financial models that build credibility with banking consortiums and ARC desks.
Value Extraction: Orderly divestment of non-core assets to de-leverage core operating business units.

Corporate Insolvency Resolution Process (CIRP) Advisory in India

Dawn Global provides end-to-end advisory support for the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) 2016. Whether you are a promoter of a financially distressed company, a lender seeking recovery, or a resolution applicant evaluating an acquisition opportunity — our team structures the engagement to deliver outcomes, not process.

Our insolvency restructuring advisory covers pre-admission strategy, NCLT filing support, creditor negotiation, Committee of Creditors (CoC) advisory, resolution plan formulation, and post-resolution implementation. We also advise on Personal Guarantor Insolvency Resolution Proceedings under Part III of the IBC, helping guarantors navigate statutory obligations and negotiate sustainable outcomes with institutional lenders.

For companies seeking alternatives to formal insolvency, our distressed advisory practice evaluates one-time settlement (OTS) structures, out-of-court restructuring, inter-creditor agreement facilitation, and operational turnaround strategies — helping businesses transition from financial stress to structural stability.

CIRP Advisory IBC 2016 NCLT Proceedings Personal Guarantor Insolvency Distressed Asset Advisory Debt Restructuring India Committee of Creditors Resolution Plan Advisory

INSOLVENCY &RESTRUCTURING ADVISORY