Among the first 2 IPE registered
AAAIP was incorporated on 20/12/2016 and IBBI recognised it as an IPE on 01/03/2017 with its Head Office at New Delhi. It is one of the first two IPEs recognised by IBBI on 01/03/2017 and a press release was also given by IBBI and Ministry of Corporate Affairs.
AAAIP has grown as the largest Insolvency Professional Entity (IPE) of India with 49 partners (32 Designated Partner + 27 Associate Partner) spread across the Country, more than 300+ human resources and an experience of more than 200+ live cases of Corporate Insolvency Resolution Process / Liquidation.
Across India Presence
We have offices at New Delhi (Head Office), Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Kochi, Ahmedabad, Raipur, Bhubaneswar, Ludhiana, Jaipur, Nagpur, Kanpur and Operational human resources available at 50 cities of the country.
The partners are a good mix of experienced professionals:
|Cost & Management Accountant:||02|
|MBA with Banking Experience:||05|
The human resources are divided into specialised teams such as:
- Resolution Team
- Liquidation Team
- Legal Team
- Corporate Debtor Operations Team
- Front End Team
- Claim Verification Team
- Compliances Team
- Transaction and Asset Sale Team
- HR Team
- Information Technology Team
- Digital Marketing Team
- Security and watch and ward Team
All teams are supported by Field Officers, office assistants and other support staff.
Specialized Software for Handling IBC Processes
AAAIP has developed a software for handling Resolution and Liquidation assignments where all sub-jobs are created in software and timely alerts are sent to teams for timely completion of all the jobs. The software also keeps a track of man-hours devoted to each assignment and checklists and formats are provided for standardisation. The software also provides for the storage of related documents tagged to the assignment data.
Member of Elite Group
AAAIP is also a member of SIG24 at INSOL India, an exclusive group of leading firms engaged in restructuring, turnaround and insolvency activities. Comprising of firms from India and abroad, this premier group serves as the main source of projects and activities conducted in coordination with INSOL International.
Contributor of Knowledge
The partners of AAAIP are regular contributors to articles and case related stories to Economic Times and other newspapers & journals.
200+ IBC cases involving claims of more than 1,00,000 Crores
The Partners of AAAIP have been assigned 200+ assignments of IRP/RP and all the assignments have progressed well and all the timelines have been complied with by all the partners by using the multi-location infrastructure, various teams of human resources, knowledgebase, database of IPE, specially created formats, checklists, SOPs, and software.
AAAIP is also handling many matters of Operational Creditors, home buyers and Financial Creditors, where the matters are getting resolved without even knocking the doors of National Company Law Tribunal or without the commencement of CIRP. Partners of AAAIP have also handled various assignments of preparation of Resolution Plans for Resolution Applicants; process consultants to other Resolution Professionals, advisors to Corporate Debtors under Corporate Insolvency Resolution Process and advisors to Committee of Creditors for complicated matters.