Information Memorandum
Preparing a comprehensive Information Memorandum (IM) is one of the most crucial steps in the Insolvency Resolution Process—yet it’s often misunderstood or overlooked. At Aarthika Globcorp Solutions, we help Insolvency Professionals, Resolution Professionals, and corporate debtors prepare clear, compliant, and investor-ready IMs that showcase the true potential of the distressed business.
An IM is more than just a document—it’s the blueprint of the corporate debtor’s financial health, operational structure, assets, liabilities, and turnaround possibilities.
With a well-structured IM, you attract serious Resolution Applicants, enable smoother due diligence, and ensure full compliance under the IBC, 2016.
If you’re looking to create a legally correct, data-backed, and strategically drafted Information Memorandum, this guide by Aarthika makes the process simple, practical, and actionable.
Documents Required
- Latest audited financial statements (3 years)
- Provisional financials till CIRP commencement
- List of assets & liabilities
- Details of creditors (secured, unsecured, operational)
- Business profile & operational overview
- Corporate debtor’s organizational structure
- CIRP-related public announcements, orders, and filings
- Details of litigation, pending cases, and contingent liabilities
- List of employees, HR records, wages & dues
- Inventory details, fixed asset register & valuation reports
FAQs
The Resolution Professional (RP) prepares the IM as per Section 29 of the Insolvency & Bankruptcy Code (IBC).
Yes, IM contains details of value derived after appointment of registered valuers.
A well-prepared IM helps prospective Resolution Applicants understand the debtor’s business viability and submit realistic Resolution Plans.
The RP must prepare and circulate the IM within the timelines prescribed under Regulation 36 of the CIRP Regulations.
Yes, the CoC is entitled to view and verify the contents of the IM.
Yes, but only after they sign a Confidentiality Undertaking (Non-Disclosure Agreement).