The Role Of A Resolution Professional In Navigating Insolvency

Business9 months ago

Source: The Role Of A Resolution Professional In Navigating Insolvency

A Resolution Professional is an individual appointed to manage the Corporate Insolvency Resolution Process (CIRP) when a company is unable to meet its debt obligations. Their primary responsibility is to take control of the debtor’s assets and operations, manage the company during the insolvency process, and work towards a resolution plan that benefits all stakeholders involved.