Embed Size (px)
Citation preview
AMICUS INSOLVENCY & TURNAROUND SERVICES LLP
WHO WE ARE
Amicus Insolvency and Turnaround
Services LLP ("Amicus”) is born out of an idea and a much-felt need for
clients to look forward to an
integrated and end-to-end 'Insolvency and Turnaround management'
services apart from mergers & acquisitions/restructuring advice
under Single Window Concept.
It is led by a team of experts that
include insolvency professionals, chartered accountants, MBAs,
Lawyers and company secretaries and
management professionals who have closely worked with various
Corporates, Banks, NBFC’s, Financial Institutions etc., in the areas of
Business Turnaround, Mergers &
Acquisitions
The firm’s expertise covers a wide
range of businesses and industries whether they are healthy, challenged
or distressed. They provide rich
technical knowledge and extensive industry experience to assist clients in
addressing business performance /insolvency issues
Working as a key member of your
company’s management team, we monitor and evaluate the
effectiveness of each initiative,
adjusting them as necessary to enhance your business value
1
OUR PROPOSITION - MAXIMIZE SUSTAINABLE RETURNS
Sector
knowledge
Technical
Know how
Define
Value
Chain
Strategy
Experienced
Team
2
SERVICES OFFERED
Insolvency Consulting CFO Turnaround
• Interim Resolution Professional
• Resolution Professional
• Liquidator
•Other Services
• Interim CFO
• Business Performance Improvement
•Managing Key Stakeholders/ Board
• Restructuring Planning
•Operational Support
• Business Process Improvement
• Business Planning
• Strategy/Governance
•Merger & Acquisition Project Management
•Due- Diligence Project Management
3
Pre Insolvency
• Financial Restructuring
• Liquidity Management
• Performance Improvement
• Turnaround Management
SERVICES OFFERED – PRE- INSOLVENCY
Financial Restructuring-Aligning
capital structure with key business
drivers and rationalizing asset base to maximize return on capital
through
•Systematic analysis of business strategies
•Evaluating alternative financing sources
•Finalization and execution of restructuring plan
Liquidity Management - Undertake active management of
liquidity pressures for short-term survival through
•Restructuring the working capital limits
•Management of receivables and payables
•Arranging alternate sources of liquidity
•Cash flow monitoring services
•Performance Improvement -Support companies in accelerating
their growth while adapting to structural shifts in the environment.
•Define performance objectives
•Finalize performance targets
•Recommend performance initiatives
•Implement performance action plan
•Turnaround Management –
•Improve processes, products,
services and strategy of distressed businesses through
•Undertaking root-cause analysis
•Formulating Turnaround plan
•Defining Turnaround tasks
•Achieving Turnaround goals
4
SERVICES OFFERED –PRE- INSOLVENCY
5
Path to Recovery
Together, we get You back in
control of your situation
Having more time means
more avenues and options to
explore resolution
Prepare for every eventuality
to avoid surprises
Take positive steps towards
achieving Turnaround
Control Gain Time Make a Plan Resolve
SERVICES OFFERED - INSOLVENCY In
teri
m R
eso
luti
on
P
rofe
ssio
na
l
• Release of public
announcement for CIRP*
Process
• Collect all information
relating to Assets, Liabilities and operations of the
Corporate Debtor
• Validate and process claims
of creditors
• Constitute the CoC**
• File information collected
with Regulators
• Take control of the assets
of Corporate Debtors
• Appoint valuers, legal
advisors, accounts and
other financial advisors
• Manage day to day activity
of the Corporate Debtor
Re
solu
tio
n P
rofe
ssio
na
l
• Take the process of
determination of
liquidation
• Take physical evaluation of
the fixed assets and inventory
• Appoint two registered
valuers
• Raise interim finance
• Collect all information and
documents to determine
liquidation value of the
Corporate Debtor
• Protect the value of
corporate debtor and manage the operations as a
going concern
• Convene and conduct CoC
meetings
• Initiate resolution plans
from investors, lenders etc,
• Prepare IM & Financial
model
• Submit resolution plan
received
Liq
uid
ato
rs
• Assist in drafting and
releasing of public
announcement regarding liquidation
• Verify and determine the
value of claims received.
• Take custody of all the
assets of the Corporate
Debtor
• Obtain valuation of assets
of the Corporate Debtor
• Distribute the proceeds of
sale of asset as per
waterfall mechanism
• Approach NCLT for such
orders which will enable smooth liquidation
proceedings
Oth
er
Se
rvic
es
•
• Industry expert to run
operations
• Chartered accounts
/Analysts
• Law firms specialist in
Insolvency ( IBC)
• Forensic audit
• Valuation
• Claim processing
• Administration Support in
CIRP
6
*CIRP –Corporate Insolvency Resolution
Process
** CoC – Committee of Creditors
SERVICES OFFERED – CONSULTING CFO & TURNAROUND
Inte
rim
/Co
nsu
ltin
g C
FO
Mentoring Finance Team
• Review and designing an appropriate Finance Organogram
• Building a capable Finance Team
• Grooming and Training Finance team to provide best in class support to Business
• SLA based approach
Process Review
• Review of Existing Finance Processes to identify Gaps
• Assist in re-engineering of process to suit business needs
Bu
sin
ess
Pe
rfo
rma
nce
Imp
rov
em
en
t
Help in Defining Business Strategy
• Help build and execute EBIDTA Improvement Plan
• Efficiency Improvement
• Cost Optimisation
• Process Improvement
Op
era
tio
na
l S
up
po
rt
Management Review Mechanism
•Productivity Management
•Receivable Cycle Management
•Review of Governance, risk control and Control environment and suggest corrective ways
Management Assurance Services
•Build a strong Internal Audit function
•Develop best practices in Revenue Assurance / Loss Prevention
7
SERVICES OFFERED – CONSULTING CFO & TURNAROUND
Re
stru
ctu
rin
g A
dv
iso
ry
• Strategy formulation for appropriate corporate structure
• Operational Restructure
• Financial Restructure
• Project Management implementation
Me
rge
r &
Acq
uis
itio
n
• Project Management for M&A Deals
• Strategy formulation
• IM and Teaser Preparation
• Negotiations
• Due Diligence
• Documentation Finalisation
• Closure of deal in timely manner
• Integration Post deal closure
8
MANAGING PARTNER – SANJEEV JAIN
Sanjeev is a seasoned and result-oriented professional with over 30 years of experience in all facets of
financial administration. He is a Member of the Institute of Chartered Accountants of India and a registered Insolvency Professional .
He has extensive experience in Mergers & Acquisition, Business Transformation and Turnaround, Restructuring, Financial Planning, Corporate Strategy, Fund Raising, Taxation, Accounts & Audit, Investor
Relations, Enterprise Risk Management, Revenue Assurance, SoX Implementation, Regulatory Compliance & Governance, Legal and Dispute Resolution and CSR .
He has successfully led several large M and A transactions across Logistic and Telecom sectors and outcome based Business Transformation projects .
Prior to founding Amicus Insolvency and Turnaround services LLP, he has held several leadership positions including, Executive Director of Gati Ltd, CFO – AFL Pvt. Limited and FedEx Express TSCS
(India) Pvt Ltd, Head Management Assurance Services – Tata Communications Ltd . He worked with Chambal Fertilizers & Chemicals and KRIBHCO as well in his early career .
He carries leadership experience in diverse industries across several geographies of India. He is also deeply passionate about social causes and actively supports various NGOs.
9
Devesh Sharma - Partner
• Management Graduate from Kolkata, with 8+ years of experience in Corporate Finance
• He was previously associated with groups like Gati, E&Y, HSBC
• Has rich experience in M&A, performance optimization projects, Budgeting and MIS, Commercial Negotiations, Fund Raising
• Strong exposure to implementing cost controls for maximising profits
• Hands on experience of implementing ERP
• Has lead commercial negotiation for procurement at group level
• Has experience of handling post deal integration with JV Partners
CA Narahari Naidu – Partner
• A Chartered Accountant having experience of more than 8 years
• Proficient with Ind AS/IFRS accounting & financial operations
• Strong exposure and understanding of business strategy planning and implementation
• Expertise in designing/ implementing systems & procedures to achieve cost control & financial discipline
• Experience of improving operations, impacting business growth and maximising profits through internal controls and productivity improvements
• Track record of developing and implementing financial and operational controls that improve P&L scenario and competitively position the firm
TEAM
10
Sanjiv Tare
• 35 year-experience with sectoral span of fertilizer, telecom, sustainability and CSR consulting
• -Impact areas include corporate communications, customer services, network operations, administration, regulatory affairs
and compliance, sustainability and CSR
• -Adept in quality systems management , assessment centers for talent development, performance management system
deployment, affirmative action, sustainability assurance, stakeholders engagement, internal communications, cross-country
telecom networks and infrastructure build and O&M, relationship management
• -Extensive field knowledge of development sector, assessment of CSR projects, CSR and sustainability strategy advisory,
leveraging technology for social sector
• Worked with National Fertilizers, VSNL, Tata Communications and Goodera
• Serving on the board of an NGO working for the children of the De-Notified Tribes
Rajiv Bansal
• A seasoned professional with 38 years of varied experience.
• A strategic planner with proven ability to improve operations, impact business growth and maximize profits through finance
management, cost reductions, internal controls and productivity / efficiency improvements.
• Expertise in designing and implementing systems / procedures with proven ability to achieve financial discipline and
enhance the overall efficiency of the organization.
• A keen analyst with exceptional relationship management skills and liaising with Banks, Financial Institutions and other
external agencies.
• Worked with Coal India, Hariganga Steel, Sunflag Steel, JSW Steel
• An Art of Living Motivator and Healthcare enthusiast
SENIOR ADVISORS
11
Logistics Telecom Chemical Financial Services
Education Hospitality Energy - Power Manufacturing
INDUSTRY EXPERIENCE
12
CSR
Sustainability Consulting
CONTACT
Sanjeev Jain
Managing Partner
Mobile: +91 9820075360
Email: [email protected] /
Website: www.amicusllp.com
Devesh Sharma
Partner
Mobile: +91 91764 75830
Email: [email protected]
Website: www.amicusllp.com
CA Narahari Naidu
Partner
Mobile: +91 91764 75830
Email: [email protected] /
Website: www.amicusllp.com
Address:
Amicus Insolvency and Turnaround
Service LLP
2B/31, Kalpataru Estate, JVLR,
Andheri East ,Mumbai – 400093
13
