Nikhil Shah, Managing Director
To extend resolution services; plans to open office in Delhi
New Delhi, April 25:
Alvarez & Marsal, a global leader in turnaround management and corporate restructuring, intends to widen service offerings in India to include Resolution services.
The firm plans to offer resolution professionals service once the new insolvency and Bankruptcy code gets enacted into law, said Nikhil Shah, Managing Director.
The new Insolvency and Bankruptcy code which is awaiting Parliament nod seeks to allow ‘Resolution Professionals’ to conduct the entire corporate insolvency resolution process.
Such professionals are to be empowered to manage the operations of the corporate debtor during the corp…
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