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Insolvency & bankruptcy code

Insolvency & Bankruptcy Code.

The Insolvency and Bankruptcy Code 2016 (‘IBC’ or ‘the Code’) is set to be a game changer, seeking to deal with insolvency and liquidation proceedings in a time bound and efficient manner in order to maximize value of assets and enhance investor confidence by providing an efficient framework to deal with business failures. Further, the Code also brings about a paradigm shift from a “Debtor in Possession” to a “Creditors in Control” regime, with creditors exercising timely control in the event of a default in the repayment of any debt Including Interest.

We at G B S V & Co, Chartered Accountants have an experienced professional registered with IBBI as insolvency professional and also the other partners have experience in handling Corporate Debt Restructuring (CDR), Financial Restructuring of organizations, Rehabilitation of Stressed companies
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Delivery of Services.

Risk Advisory

We know that your business is too important to take any risks with. That's why we offer complete risk advisory for you, which will ensure success in all areas of operation!

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Insolvency and Bankruptcy Code

We know how difficult the process of bankruptcy can be, which is why we offer an easier way. Our team will make sure that you follow all necessary steps in order to secure your debt with no hassle at all.

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Insolvency and Bankruptcy Code

We know how difficult the process of bankruptcy can be, which is why we offer an easier way. Our team will make sure that you follow all necessary steps in order to secure your debt with no hassle at all.

Learn More
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On time Services

You can rest assured that we will solve your business query within an appropriate time allowing you to focus on other core activities.

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Premier Consultations

Our skilled and knowledgeable staff is available at any time to offer you the most comprehensive business consultation.

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Innovative Approach

With our innovative approach, we'll be able to solve your business-related problems quickly and effectively.

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Expert Members

With over 25 experts on board, we have the knowledge you need. Our clients can be confident that their needs will receive top priority and beyond from our skilled team of professionals!

About Us

GBSV & Co., established in 2018.

We make sure that every document is accurate, up-to-date, and reliable. With our customer satisfaction policy at GBSV & Co., you can be rest assured about the quality of services we provide for your business or personal needs! Our partners will deliver all documents with tracking so there are no issues on delivery time GBSV & Co., established in 2018 and based out of India offers a range of services to clients including Audit, Assurance Consulting as well Management Consultancy work
With GBSV & Co you can be assured of following:


  • Flexible and cost-effective solutions to suit your budget.
  • We have a team of dedicated accountants always available serve you.
  • Knowledge, resources to handle any business intricacy hassle-free
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Book Appointment

Can't handle the responsibility of clearing your debts? Need professional guidance on how to start or continue with bankruptcy proceedings without any hassle and stress from now onwards! Contact GBSV & Co today for an expert consultation where we will make everything easy.

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    FAQ.

    GBSV & Co

    Most frequent questions and answers.

    The Insolvency and Bankruptcy Code, 2016 (IBC) came into effect on the 28th of May 2016. However, provisions of Corporate Resolution Processes under I-Banking have been made effective from 1st December 2016!

    The Insolvency and Bankruptcy Code, 2016 was framed with the intention to simplify proceedings in India. The law removes any asymmetry between debtors’ information on their assets versus creditors’, making it easier for them both during negotiations while also ensuring a fair deal is reached between Debtor & Creditor

    The insolvency resolution process will now be completed by the Adjudicating Authority within 180 days of making the application unless it is extended for 90 more days according to the provisions of the Code.

    The new IBC, 2016 regulations are applicable to individuals and companies. As of December 1st, 2016 they will be applied equally by law for all types of partnerships firms limited liability or not – this includes corporations too!

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    Testimonials

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    "Impeccable professional services. The best in the industry."

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