Yogakshem Insolvency Professionals LLP is a Insolvency Entity registered with Insolvency Board of India. The Entity is promoted by Insolvency Professionals registered with Insolvency and Bankruptcy Board of India under Insolvency and Bankruptcy Code 2016.
The partners have expertise in Banking, Corporate Finance, Accounting & Audit, Debt Restructuring, Taxation Project evaluation, project finance, project management and Business Valuation.
Yogakshem Insolvency Professionals LLP offers services of Insolvency services in terms of Insolvency and Bankruptcy Code 2016.
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The ultimate objective is for India to have an efficient bankruptcy and insolvency framework. This involves navigating the legislative track and going from the draft law to a Parliamentary legislation. This also involves many other elements of building State capacity. Establishing a sound insolvency framework for India should be seen as a project which encompasses five things: (a) The legislative track; (b) Establishing the Regulator; (c) Initiating the industry of information utilities and phasing-in comprehensive adoption of these utilities; (d) Initiating the insolvency profession; and (e) Establishing world class adjudication infrastructure.
Given that establishing a regulator is likely to take time, the Committee recommends that till then the Central Government may exercise all powers of the regulator.
