TruPro Insolvency and Bankruptcy Resolution and Asset Sales Services
Yours Truly Professionally !
Yours Truly Professionally !
The Partners of TruPro Insolvency have handled between them Over 40 CIRP, Liquidation Cases and Voluntary Liquidation Cases, involving debt in excess of Rs.50,000 Cr., of Corporate Insolvency Resolution Process (CIRP) and Liquidation Process under the aegis of Hon'ble NCLT's, imparting their services as IRP / RP / Liquidator.
Beating the industry average of 17% (as per data from IBBI), at TruPro Insolvency, we have a very healthy ratio of 33% (10 out of 30) of our completed CIRP cases resulting in Successful Resolutions. With our enviable network of Potential Resolution Applicants in the fields as diverse as Textiles, Power, Real Estate Developers, Agro etc., we have strived to get our cases Resolved.
Despite the restrictions caused by Covid-19 pandemic, our Founding Partners with their insightful marketing approach, were able to successfully liquidate the assets of the corporate debtors under liquidation. In many of our cases, the final Bid Price has far exceeded the Reserve Price in the e-auction. We have a unique network of industry specific auction buyers that helps us in quick and healthy realization.
Managing Partner
New Delhi - NCR / Chandigarh / Jaipur
Qualifications
B.E.(Chem), MBA (IIM Lucknow), Insolvency Professional
Mr.Sehgal is a seasoned professional with over 25 Years of rich and diverse experience. He has personally handled CIRP / Liquidation of Eight important corporate debtors like Shri Lakshmi Cotsyn Limited, Shree Shyam Pu
Managing Partner
New Delhi - NCR / Chandigarh / Jaipur
Qualifications
B.E.(Chem), MBA (IIM Lucknow), Insolvency Professional
Mr.Sehgal is a seasoned professional with over 25 Years of rich and diverse experience. He has personally handled CIRP / Liquidation of Eight important corporate debtors like Shri Lakshmi Cotsyn Limited, Shree Shyam Pulp and Board Mills Limited, Santosh Overseas Limited, HBN Dairies and Allied Ltd.
Mr.Sehgal is a prolific speaker and has taken many sessions on different aspects of Insolvency Profession.
Apart from being one of the pioneers in the field of Insolvency Profession, Mr.Sehgal, drawing from his past rich experience of being part of an FDI Private Equity Fund, also runs www.StressedAssetDeals.com, an online platform for Transactions Advisory in the space of Stressed Assets.
Founding Partner
New Delhi - NCR / Lucknow
Qualifications
CA, Insolvency Professional, Registered Valuer (SFA)
Mr.Bansal is a highly experience Chartered Account and Insolvency Professional. having over 34 Years of rich experience. He has handled CIRP / Liquidation assignments of important companies like Lanco Thermal Power Limited, Lanco
Founding Partner
New Delhi - NCR / Lucknow
Qualifications
CA, Insolvency Professional, Registered Valuer (SFA)
Mr.Bansal is a highly experience Chartered Account and Insolvency Professional. having over 34 Years of rich experience. He has handled CIRP / Liquidation assignments of important companies like Lanco Thermal Power Limited, Lanco Solar Energy Pvt. Ltd., Raman Ispat Pvt. Ltd., Silevrton Spinners Limited, Amit Spinning and Industries Limited, Tehri Iron and Steel Casting Limited and Adaman Sea Foods Pvt. Ltd.
Founding Partner
Central India (Raipur, Indore, Nagpur)
Qualifications
CA, Insolvency Professional
Mr. Parulkar is an experienced Chartered Accountant and Insolvency Professional having over 20 Years of enriching experience. He has handled CIRP / Liquidation assignments of important companies like Surya Treasure Island Pvt. Ltd., Madhya Bh
Founding Partner
Central India (Raipur, Indore, Nagpur)
Qualifications
CA, Insolvency Professional
Mr. Parulkar is an experienced Chartered Accountant and Insolvency Professional having over 20 Years of enriching experience. He has handled CIRP / Liquidation assignments of important companies like Surya Treasure Island Pvt. Ltd., Madhya Bharat Phosphate Pvt. Ltd., Kanak Pulp and Paper Mills Pvt. Ltd., Rai Homes Universal Pvt. Ltd., Tayal Foods Ltd., Fairdeal Marwar Garage Pvt. Ltd., Pithampur Poly Product Ltd., Syncom Healthcatre Ltd., Kapil Steels Ltd., BY Agro and Infra Limited.
Mumbai
Qualifications
Ex-Banker (CAIIB of IIB), Insolvency Professional
A highly experienced finance and stressed asset recovery professional with enriching experience with Andhra Bank (now Union Bank of India).
He has been a Practicing Insolvency Professional since 2017 and has handled three CIRP Assignments as IRP / RP.
He has been a facul
Mumbai
Qualifications
Ex-Banker (CAIIB of IIB), Insolvency Professional
A highly experienced finance and stressed asset recovery professional with enriching experience with Andhra Bank (now Union Bank of India).
He has been a Practicing Insolvency Professional since 2017 and has handled three CIRP Assignments as IRP / RP.
He has been a faculty with more than 25 institutions, taking sessions on Financial Management, Macro and Micro Economics, Treasury and Risk Management
Bangalore
Qualifications
FCS, LLB, Insolvency Professional
A highly experienced Company Secretary with enriching experience in every facet of corporate legal, corporate compliance, corporate structuring and corporate finance.
He has been a Practicing Insolvency Professional since 2020 and has handled several voluntary liquidation assig
Bangalore
Qualifications
FCS, LLB, Insolvency Professional
A highly experienced Company Secretary with enriching experience in every facet of corporate legal, corporate compliance, corporate structuring and corporate finance.
He has been a Practicing Insolvency Professional since 2020 and has handled several voluntary liquidation assignments and has supported four CIRP assignments.
He has represented Clients in NCLT.
Kolkata
Qualifications
FCA , Insolvency Professional
Mr.Agrawal is a seasoned Chartered Accountant who has also donned the hat of a Entrepreneur. His exposure as an entrepreneur has made him gain enriching experience with deep knowledge in the fields of finance, compliance, and corporate law. He became a Practicing Insolvency Professiona
Kolkata
Qualifications
FCA , Insolvency Professional
Mr.Agrawal is a seasoned Chartered Accountant who has also donned the hat of a Entrepreneur. His exposure as an entrepreneur has made him gain enriching experience with deep knowledge in the fields of finance, compliance, and corporate law. He became a Practicing Insolvency Professional in 2021, wherein he has helped with CIRP projects and handled a number of voluntary liquidation assignments.
Kanpur
Qualifications
FCA, Insolvency Professional, Registered Valuer (SFA)
Mr.Nath is a highly experienced Chartered Accountant with over 36 years of in-depth expertise as a Statutory/Tax Auditor, Income Tax Consultancy, Concurrent Audit/Stock Audit, Due Diligence of Public Sector Banks, and Consultant for Bank Finance. He has been a
Kanpur
Qualifications
FCA, Insolvency Professional, Registered Valuer (SFA)
Mr.Nath is a highly experienced Chartered Accountant with over 36 years of in-depth expertise as a Statutory/Tax Auditor, Income Tax Consultancy, Concurrent Audit/Stock Audit, Due Diligence of Public Sector Banks, and Consultant for Bank Finance. He has been a Practicing Insolvency Professional since 2020 and has handled one CIRP assignment. He has been registered Valuer.
Kanpur
Qualifications
FCA , Insolvency Professional
CA Sudhir Kapoor is a highly experienced Chartered Accountant with over 34 years of working as a consultant for bank financing, due diligence for debt and equity financing, stock audits, and income tax consulting. He has given consulting service for debt restructuring, One-Time-Settlem
Kanpur
Qualifications
FCA , Insolvency Professional
CA Sudhir Kapoor is a highly experienced Chartered Accountant with over 34 years of working as a consultant for bank financing, due diligence for debt and equity financing, stock audits, and income tax consulting. He has given consulting service for debt restructuring, One-Time-Settlements (OTS) as well as debt syndication. Mr.Kapoor has demonstrated his exceptional talent in a variety of areas, including accounting and auditing, tax and business law compliances. He is a qualified Insolvency Professional and has provided consulting on IBC matters.
Kolkata
Qualifications
M.Com, MBA, Insolvency Professional
Mr.Kabir is a senior Management Professional with over 40 years of highly enriching experience. Mr.Kabir served as the Financial Services Business Unit Head for Multinational Corporate, Siemens. Earlier, he had led key administrative and Human Resource Management positions in
Kolkata
Qualifications
M.Com, MBA, Insolvency Professional
Mr.Kabir is a senior Management Professional with over 40 years of highly enriching experience. Mr.Kabir served as the Financial Services Business Unit Head for Multinational Corporate, Siemens. Earlier, he had led key administrative and Human Resource Management positions in Siemens and was the head of the eastern region's business for Siemens and led the regional sales board for five years. Being an Insolvency Professional, he would add tremendous value in managing the affairs during CIRP where the Corporate Debtor is a Going Concern.
Chennai
Qualifications
Ex-Banker (CAIIB of IIB), B.Sc, Insolvency Professional
Sh.Sitaraman Ravi is a seasoned Ex-Banker, having worked for over 36 years with Punjab National Bank. He managed several portfolios for the bank, including the recovery of stressed assets, inspection and audit, human resources, and general management. Havin
Chennai
Qualifications
Ex-Banker (CAIIB of IIB), B.Sc, Insolvency Professional
Sh.Sitaraman Ravi is a seasoned Ex-Banker, having worked for over 36 years with Punjab National Bank. He managed several portfolios for the bank, including the recovery of stressed assets, inspection and audit, human resources, and general management. Having worked in different geographies across the country, Mr.Ravi has extensive knowledge of NPA recovery. As a qualified Insolvency Professional, Mr.Ravi intends to work closely with Banks and Financial Institutions in helping Resolve the NPA cases.
New Delhi
Qualifications
CA, MBA - FMS Delhi, Insolvency Professional
CA Puneet Arora is a Dynamic, Seasoned Chartered Accountant with Over 22 Years of Highly Enriching Experience. Mr. Arora has wide experience in the field of Corporate Finance and Accounting in large corporates, spanning Industries like Textiles, Infrastructure, Real
New Delhi
Qualifications
CA, MBA - FMS Delhi, Insolvency Professional
CA Puneet Arora is a Dynamic, Seasoned Chartered Accountant with Over 22 Years of Highly Enriching Experience. Mr. Arora has wide experience in the field of Corporate Finance and Accounting in large corporates, spanning Industries like Textiles, Infrastructure, Real Estate, and Retail.
He has been involved in Debt Restructuring, Rescue and Revival of Mid to Large Sized Corporates. He has also had deep exposure into fund raising and project finance (Both Debt and Equity) He has worked with one of our Founding Partner, Sh. Parveen Bansal in the successful CIRP of Lanco Solar Energy Pvt. Ltd.
Bhubaneswar, Odisha
Qualifications
B.COM (Hons), FCA, MBA (HR), Alumni (IIM-A), Insolvency Professional
A highly experienced Chartered Accountant with 25+ years of enriching experience. An expert in Auditing and Project Financing. He has raised both debt and equity funding for different corporates and advised them on capital structurin
Bhubaneswar, Odisha
Qualifications
B.COM (Hons), FCA, MBA (HR), Alumni (IIM-A), Insolvency Professional
A highly experienced Chartered Accountant with 25+ years of enriching experience. An expert in Auditing and Project Financing. He has raised both debt and equity funding for different corporates and advised them on capital structuring, capital issue, company law, and taxation. He is qualified Insolvency professional and has provide consulting on IBC matters.
Pune
Qualifications
B.Com, Sr. Management Professional, Insolvency Professional
Mr. Vijay Jain is a finance and management professional with over 33 years of experience in U.A.E, Oman & India. He has Handled all aspects of Finance, Accounts and Management at senior level in different corporates in India and abroad. He has provided support service in CIRP and Liquidation cases.
Hyderabad
Qualifications
B.com, FCA, Insolvency Professional
Mr. Kondal Reddy is a Young and Dynamic Rank Holder Chartered Accountant, having 19 years of enriching experience. As a Practicing CA, he has provided solutions to his various clients in different sectors like IT, ITeS, Pharma, Food Products, Oil Extractions, Retail & whole sa
Hyderabad
Qualifications
B.com, FCA, Insolvency Professional
Mr. Kondal Reddy is a Young and Dynamic Rank Holder Chartered Accountant, having 19 years of enriching experience. As a Practicing CA, he has provided solutions to his various clients in different sectors like IT, ITeS, Pharma, Food Products, Oil Extractions, Retail & whole sale trade. He is a qualified Insolvency Professional and has provided consulting on IBC matter.
Mumbai
Qualifications
CA, Insolvency Professional
CA Karthik Natarajan is a Dynamic, Seasoned Chartered Accountant with Over 25 Year of Highly Enriching Experience. Mr. Natarajan has wide Experience in the Field of Direct and Indirect Taxation Representation, Litigation Space and experience in Regulatory (Proceedings relating to FEMA, FCR
Mumbai
Qualifications
CA, Insolvency Professional
CA Karthik Natarajan is a Dynamic, Seasoned Chartered Accountant with Over 25 Year of Highly Enriching Experience. Mr. Natarajan has wide Experience in the Field of Direct and Indirect Taxation Representation, Litigation Space and experience in Regulatory (Proceedings relating to FEMA, FCRA, Black Money Act, PMLA,and Benami Law). He is a qualified Insolvency Professional and has provided expert consultancy on IBC matter.
Everything that we do is to build and enhance the trust with all the stakeholders, including our clients (The Banks and Financial Institutions), our vendors and service providers, our associates and our employees
Whether it is a member of the Committee of Creditors (CoC) / Stakeholders Consultation Committee (SCC) or our professional institutes or our regulator, IBBI or any court / tribunal, we are very cognizant of our duty to show extreme responsive towards them.
Whether it is CIRP or Liquidation or any assignment that an Insolvency Professional takes, the core of the responsibilities being handled by her / him is the financial responsibility. We take pride in showing exemplary fiduciary responsibility in all the insolvency assignments that we support.
A well trained team comprising ex-servicemen and a network of highly motivated Security Agencies take the custody and control of the Assets of the Corporate Debtor. The entire process of videography, inventory taking, Taking ERP /Accounting Software Backup, Panchnama and placement of security guards at the premises etc. is all done by this team.
A highly trained team comprising qualified Company Secretaries, Advocates, Chartered Accountants and Business Management graduates provide support services to the IRP’s / RP’s and Liquidators. Whether it is drafting the Notice / Agenda for the COC/ SCC meeting or preparing Minutes of the meeting or adherence to the timelines as defined by the IBC and the regulations thereof, the well trained team is adept at supporting the Insolvency Professionals accomplish their assignments flawlessly.
The Founding Directors of the firm bring to the table a very robust network of relationships with established players in different industry verticals and with investment advisors and Investment bankers. It is a result of this network that in many of the cases under CIRP, many Potential Resolution Applicants vied at the Resolution Plan stage and that finally resulted in Resolution of Eight different Cases under CIRP handled by the Founding Partners of the firm.
The Founding Partners of the firm have the unique distinction of having hands on Sales and Marketing experience in their career. It is with the utilization of this experience and the network of used machinery dealers that even during the slowdown resulting from COVID-19 pandemic, as Liquidator of the Corporate Debtors, they were able to Liquidate Assets timely and at a higher value than the reserve price (sometimes as high as 33% more than the Liquidation Value).
REGISTERED OFFICE:
Top Floor, #581, Sector -27,
Gurgaon - 122009 (New Delhi - NCR)
New Delhi Office
J - 362, Sarita Vihar, New Delhi
Mumbai Office:
1304, Regent Chamber,
Nariman Point
Also at : C/1205 , HDIL Galaxy ,
Near Bhantara Bhavan
Kurla (E)
Also at : Flat No. 7, Plot No. 58,
Atreya Ashram CHS,
R.A. Kidwai Road,
Opp. SNDT, Matunga (East),
Bangalore Office :
No. 69 First Floor,
Siddaiah Puranik Road,
Bhima Jyothi LIC Colony , Basaveshwa
Bangalore Office ( Also at ) :
No.102, First Floor, Gangotri Parswa Krupa
16th Main Road, 4th T Block, Jayanagar
Kolkata Office
12/1, Satyendra Nath Majumdar Sarani, Manohar Pukur Road, Kolkata
Also at : Flat 2C, Tower -1
Alif Cooperative Housing Society Ltd.
BE-136, Action Area - 1 New Town
Kolkata
Chennai Office
D. No. 19 Sai Krishna Appartment,
Second Street, Lakshmana Mudali Street, VR Nagar,
Korattur Chennai
Chennai Office (Also At)
SL-2 2nd Floor Alsa Mall, left wing Door Nos, 146 to 149, old no.15, Montieth Road, Egmore Chennai
Raipur Office :
B-56, Wallfort city , Bhatagoan, Ring Road No -1
Bhubhneswar Ofiice:
1037,Shanti Nagar, (Near Ganesh Mandap), Jharapada,
Bhubaneswar,odisha-751006
Nagpur Office:
277, Shreyas Apt., 102, Dharmpeth, Trikoni Park
Indore Office:
319, City Center, Opp. High Court, 570 M.G. Road
Kolkata Office
12/1, Satyendra Nath Majumdar Sarani, Manohar Pukur Road, Kolkata
Also at : Flat 2C, Tower -1
Alif Cooperative Housing Society Ltd.
BE-136, Action Area - 1 New Town
Kolkata
Chennai Office
D. No. 19 Sai Krishna Appartment,
Second Street, Lakshmana Mudali Street, VR Nagar,
Korattur Chennai
Also at : SL-2 2nd Floor Alsa Mall,
left wing Door Nos, 146 to 149,
old no.15, Montieth Road, Egmore Chennai
Kanpur Office
Tandon And Mahendra
14/75, Civil Lines, Opposite United Public School ,Kanpur
Kanpur Office
Also at : G-2, Parbhu Rachna Apartment, 13/386-D,
Civil Lines, Kanpur
Pune Office :
B3 702, Lake Town Housing Society, Bibewadi, Katraj, Pune
Hyderabad Office :
H.No.1-2-59, 2nd Floor, Block-N, Street No.3, Kakatiya Nagar, Habsiguda,
Hyderabad
Copyright © 2021 TruPro Insolvency Services LLP - All Rights Reserved.
Powered by GoDaddy