Resolution Applicant Eligibility & Strategy
Assess Section 29A eligibility, connected-person risks, investor participation and acquisition structures.
INSOLVENCY & RESTRUCTURING
Resolution Planning Support
Strategic Resolution Planning. Regulatory Compliance. Sustainable Business Revival.
OUR SERVICES FOR RESOLUTION PLANNING
Our Resolution Planning Support Services
Support for resolution applicants and stakeholders from eligibility assessment and due diligence through plan approval and implementation.
Distressed Business Due Diligence
Review corporate, financial, legal, regulatory, tax and operational aspects of the resolution opportunity.
Resolution Plan Structuring & Documentation
Support legally compliant plan terms, creditor treatment, funding arrangements and implementation schedules.
CoC Coordination & Process Advisory
Assist with process documents, evaluation, clarifications, meetings and stakeholder communications.
Regulatory Approvals & Transaction Support
Evaluate competition, sectoral, foreign investment and other mandatory approvals.
Post-Resolution Implementation
Support implementation agreements, corporate actions, regulatory filings, governance transition and monitoring.
KEY BENEFITS
Why Resolution Planning Support is Necessary
Resolution planning is a critical stage in the Corporate Insolvency Resolution Process (CIRP), where eligible stakeholders evaluate a viable proposal for revival of the corporate debtor. A plan must address applicable legal and regulatory requirements, creditor treatment, business sustainability and implementation feasibility.
Considered for your next chapter.
Legal compliance and commercially viable plans
Assess plan requirements and business feasibility together to support a workable proposal.
Better creditor and investor confidence
Address stakeholder treatment, plan assumptions and implementation obligations clearly.
Integrated legal, regulatory and transaction advisory
Coordinate legal, financial, operational and regulatory workstreams through the process.
Support through approvals and implementation
Plan for CoC consideration, adjudicating authority approval and post-approval obligations.
Reduced litigation and execution risks
Identify eligibility, compliance, process and implementation risks early.
Focus on long-term business continuity
Develop a plan that considers sustainable operations and value creation.
WHO NEEDS THESE SERVICES?
Resolution planning support for CIRP stakeholders
Resolution planning is a critical stage in the Corporate Insolvency Resolution Process (CIRP), where eligible stakeholders evaluate a viable proposal for revival of the corporate debtor. A plan must address applicable legal and regulatory requirements, creditor treatment, business sustainability and implementation feasibility.
- Resolution applicants
Applicants assessing eligibility, due diligence, plan preparation and approval requirements.
- Financial creditors
Creditors evaluating plans, process compliance, recoveries and implementation certainty.
- Corporate debtors
Companies and management addressing information, cooperation and transition matters.
- Investors
Investors assessing funding, acquisition structures and return assumptions.
- Promoters & directors
Stakeholders evaluating eligibility, connected-person issues and statutory restrictions.
- Creditors and operational stakeholders
Stakeholders reviewing claims, plan treatment and process rights.
Clarity for what comes next.
COMPARATIVE ANALYSIS
Resolution Plan vs Restructuring vs OTS vs Liquidation
A general comparison of options that may arise in a financial distress situation. Their availability depends on the facts, applicable law and process stage.
Comparative Analysis — Resolution Plan vs Restructuring vs OTS vs Liquidation
| Parameter | Resolution Plan (IBC) | Debt Restructuring | One-Time Settlement | Liquidation (IBC) |
|---|---|---|---|---|
| Objective | Business revival | Modify obligations | Compromise settlement | Asset realisation |
| Approval | CoC and NCLT | Creditor consent | Creditor consent | NCLT |
| Ownership change | May be included | Not necessary | Not generally | Assets sold |
| Creditor treatment | As per plan and Section 30(2) | Revised terms | Agreed amount | As per Section 53 |
| Regulatory role | As applicable | Limited | Limited | IBC framework |
| Outcome | Binding plan | Revised agreement | Debt discharge as agreed | Dissolution and distribution |
Resolution Applicant vs Financial Investor vs Promoter vs Creditor-Led Plan
| Parameter | Applicant | Strategic Acquirer | Financial Investor | Existing Promoter | Creditor-Led Structure |
|---|---|---|---|---|---|
| Primary goal | Business acquisition and turnaround | Investment returns | Business continuity | Debt recovery and value | |
| Eligibility | Section 29A | Section 29A | Subject to Section 29A restrictions | Structure-dependent | |
| Funding role | Acquisition and working capital | Equity or debt | Permissible sources | Creditor or investor funding | |
| Key risk | Regulatory and integration | Exit and commercial | Disqualification | Implementation and conflicts | |
| Typical outcome | Transfer of control | Investment structure | Revival with conditions | Creditor-driven plan |
This is an indicative overview only. A resolution plan must meet applicable IBC requirements and be evaluated in the context of the specific CIRP.
RESOLUTION PLANNING PROCESS
A structured seven-stage resolution planning process
From opportunity assessment and eligibility review through plan approval and implementation, coordinate the legal and commercial workstreams.
- 01
Opportunity & Eligibility Assessment
Review CIRP status, Section 29A eligibility and process requirements.
- 02
Due Diligence & Risk Analysis
Examine financial, regulatory, legal and operational information.
- 03
Plan Structure & Funding Strategy
Evaluate acquisition, restructuring and financing options.
- 04
Plan Documentation & Compliance
Draft plan terms and address statutory requirements.
- 05
CoC Consideration & Clarifications
Support process coordination, evaluation and clarifications.
- 06
NCLT Approval & Regulatory Clearances
Coordinate approval processes and sectoral requirements.
- 07
Implementation & Monitoring
Support corporate actions, compliance and continued operations.
DOCUMENTS & REQUIREMENTS
Documents Required (Illustrative)
The information required depends on the CIRP, information memorandum, resolution applicant and proposed plan structure.
- Corporate and shareholder documents
- Financial statements and audit records
- Asset and liability information
- Contracts, licences and regulatory records
- Litigation and enforcement details
- Creditor claims and classification
- Valuation and financial projections
- Proposed plan and implementation documents
- Applicant eligibility and funding evidence
PROS AND CONS
Pros and Cons of Resolution Planning
Key Advantages
- Resolution opportunity assessment
- Legal and regulatory due diligence
- Resolution plan drafting and review
- CoC and process advisory
- NCLT approval representation (as agreed)
- Regulatory approval support
- Implementation and ongoing support
Key Challenges
- Verify Section 29A and connected-person eligibility
- Conduct thorough due diligence
- Ensure Section 30(2) compliance
- Assess regulatory approval requirements
- Validate financial assumptions
- Address implementation obligations
- Maintain confidentiality of CIRP information
- Monitor post-approval compliance
GOVERNMENT & STATUTORY FEES (EXAMPLES)
Costs depend on the resolution process
Professional fees depend on transaction structure, due diligence, plan complexity, stakeholder coordination and implementation scope. NCLT, regulatory, filing and third-party charges are separate and should be confirmed for the specific process.
Resolution Opportunity Assessment
On request- Eligibility and process review
- Initial due diligence assessment
- Plan strategy discussion
- Recommended next steps
Resolution Plan & Implementation Support
Scope-based- Resolution plan structuring
- CoC and process coordination
- Approval and regulatory support
- Implementation and monitoring assistance
Customised Quote
For complex ownership, activity-specific permissions, foreign participation or tailored requirements.
Get a QuoteGovernment charges, applicable taxes and third-party costs are confirmed separately as part of the proposed scope.
FREQUENTLY ASKED QUESTIONS
Browse all FAQs A few useful answers
Answers to common questions about resolution planning, applicant eligibility, plan approval and implementation.
What is Resolution Planning Support?
Who can submit a resolution plan?
Can an existing promoter submit a resolution plan?
What are the key requirements under Section 30(2)?
Does the CoC approve the resolution plan?
What approvals may be required?
Can a resolution plan be implemented immediately after approval?
How long does resolution planning take?
How are professional fees determined?
TESTIMONIALS
Clear advice. Practical direction.
Perspectives shared with permission by clients of our advisory teams.
Astronis Global brought clarity and commercial focus to a complex restructuring exercise. Their advice was practical, timely and easy for our leadership team to act on.
The team understood our regulatory requirements quickly and helped us move forward with confidence. We valued their responsiveness and disciplined follow-through.
Astronis Global provided dependable support across multiple registrations and approvals. Their communication was clear, structured and consistently professional.
INSIGHTS & EVENTS
View all insights Latest Articles, Updates and Events
KNOWLEDGE CENTRE
Guides, checklists and templates
Guides and checklists for resolution applicants, plan preparation, CoC process, approvals and implementation.
YOUR NEXT CHAPTER STARTS HERE
Build Viable, Compliant and Sustainable Resolution Plans
From applicant eligibility and due diligence to plan documentation, CoC consideration, regulatory approvals and implementation, Astronis Global provides integrated legal, regulatory and business advisory for stakeholders navigating the insolvency resolution process.
Schedule a Resolution Planning Consultation