Stellar Insolvency Professionals LLP, Suite IB, 1st Floor, 22/28A Manoharpukur Road, Deshopriya Park, KOLKATA (2026)

09/12/2025

Most people think funding stops the moment a company enters insolvency.

The reality is very different.

Behind every distressed business that continues to operate, pay salaries, and protect its value, there is a silent financial engine at work. It runs on structured approvals, legal safeguards, and carefully calculated risk.

This side of insolvency is rarely talked about, yet it plays a decisive role in whether a company survives or collapses.

If you want to understand how capital still flows during crisis, go through the carousel and see how this ecosystem actually functions.

04/12/2025

When a business enters insolvency, every creditor has the same goal, but not everyone stands in the same position.

Secured vs unsecured creditors are treated differently.

Secured creditors hold an advantage because their lending is backed by collateral.

This gives them priority access when assets are sold.

Whether it is property, plant, inventory or equipment under a charge, they have a clear claim linked to a specific asset.

If the realised value falls short, the remaining balance is treated as an unsecured portion.

On the other hand, unsecured creditors operate without that protection.

Their repayment depends on whatever remains after insolvency expenses, secured creditors and preferential claims are settled.

In many cases, they receive partial recovery or sometimes nothing at all.

This difference in treatment impacts lending decisions, interest structures, risk assessment and negotiation power long before insolvency occurs.

Understanding this hierarchy helps businesses structure smarter contracts and helps creditors evaluate exposure more realistically.

If you want clarity on how creditor rights apply in your case, connect with Stellar Insolvency for guidance.

01/12/2025

When insolvency strikes, one institution takes the lead in resolution:

The National Company Law Tribunal (NCLT).

For any company facing financial distress, this marks the beginning of its journey toward resolution.

Under the Insolvency and Bankruptcy Code, 2016, NCLT acts as the primary forum for both creditors and debtors.

The process starts with filing a petition.

If the case is admitted, NCLT declares a moratorium that immediately halts all other legal proceedings.

It then appoints an interim resolution professional to take charge of the company’s operations, ensuring business continuity during the crisis.

What follows is the Corporate Insolvency Resolution Process (CIRP).

NCLT supervises the formation of the Committee of Creditors, who assess and vote on resolution plans.

If a plan is viable, NCLT approves it and protects stakeholder interests.

If resolution is not possible, it directs liquidation and oversees the fair distribution of assets.

Beyond insolvency, NCLT investigates fraudulent transactions, restores struck-off companies, and sets legal precedents that shape the future of corporate governance.

In essence, NCLT provides structure, credibility, and authority to insolvency proceedings, making it the backbone of India’s corporate resolution framework.

If your company is facing financial distress, Stellar can help you navigate the NCLT process and protect your interests.

11/11/2025

What if the biggest fears around insolvency are actually misconceptions holding companies back from timely action?

The IBC is designed to protect businesses, not destroy them.

It prioritises revival, attracts new investors, and gives companies a structured path to regain stability.

Personal assets usually stay safe.

And in many situations, the company can even initiate the process to stay in control.

The real problem is not insolvency.

It is the myths that delay action and shrink the options available.

Go through this carousel to understand what actually happens.

10/11/2025

Why Not All Insolvency Cases End in Liquidation (and Why That’s a Good Thing)

When a company enters insolvency, liquidation may seem like the final step.

Yet, in many cases, resolution provides a realistic way to restore stability and value.

The Insolvency and Bankruptcy Code (IBC) has reshaped this process by encouraging revival over closure.

It focuses on identifying what can be retained and improved through restructuring, new ownership, or operational changes.

Here’s why this approach benefits the larger economy:

Preserves Value:
Resolution ensures productive assets continue to generate output instead of being sold at distress prices.

Protects Jobs:
A revived business continues to support its employees and their families.

Invites Fresh Investment:
New investors and management can bring stability and renewed growth.

Supports Economic Continuity:
Active businesses keep contributing to market confidence and economic momentum.

Insolvency is not always the end of a business journey.

With the right intent and structure, it can mark a new beginning that benefits companies, creditors, and the economy as a whole.

31/10/2025

Behind every successful resolution is a team driven by integrity, expertise, and commitment.

Meet the Founding Pillars of Stellar Insolvency, professionals who bring decades of experience and a shared vision for effective and transparent resolutions.

Mr. Anup Kumar Singh:
With over 28 years of experience in finance and insolvency, he is a leading Insolvency Professional known for resolving complex cases with precision. He has handled more than 50 CIRP and liquidation assignments under the I&B Code, 2016, and continues to guide Committees of Creditors and investors with strong strategic insight.

Mr. Darshan Singh Anand:
With four decades of experience across public and private sector banking, he brings extensive knowledge in corporate insolvency and credit management. He has led major cases exceeding ₹500 crores and played a key role in maximizing asset value and reducing NPAs through structured financial solutions.

Ms. Rajat Agarwal:
A Company Secretary and CFA with 17 years of experience in banking and finance, she is known for her analytical precision and leadership in managing large corporate portfolios. Having completed over 50 CIRP assignments, she was recognized as the Best Financial Analyst at Standard Chartered Bank in 2008 for her exceptional performance and insight.

CA Vamsi Kambhammettu:
A Chartered Accountant with over 20 years of experience in corporate finance and advisory, he has successfully managed debt restructuring, M&A, and insolvency assignments for leading organizations. His focus on financial clarity and operational efficiency continues to drive measurable results for stakeholders.

Together, they define Stellar Insolvency, a team guided by integrity, strengthened by expertise, and committed to delivering effective resolutions.

27/10/2025

Celebrating a Visionary Leader

On 24th October, we celebrated the birthday of our guiding light, Mr. Anup Kumar Singh. With over 28 years of experience, he continues to inspire us through his integrity, wisdom, and unwavering commitment to excellence. His leadership has not only built a strong foundation for Stellar, but also nurtured a culture of trust, learning, and purpose.

Your journey reminds us that true success lies in creating value for others and leading with humility.

Here’s wishing you good health, happiness, and continued success, sir. May the year ahead bring even greater milestones and moments of pride.

Belated Happy Birthday! 🎉

17/10/2025

Insolvency happens when a person or company cannot pay what they owe or their liabilities are more than their assets.

Examples:
Individual Insolvency:
Ravi owes ₹5 lakh in credit card bills and personal loans but only has ₹2 lakh in savings and assets. He cannot pay his debts → Ravi is insolvent.

Corporate Insolvency:
A company, “TechGear Ltd,” has borrowed ₹50 crore for expansion. Due to poor sales, its assets (machinery, cash, receivables) total only ₹30 crore. It cannot repay its creditors → TechGear Ltd is insolvent.

Bank Insolvency:
A small bank lends more money than it can collect from deposits, and its liabilities exceed the cash and assets it holds. It cannot honor withdrawals → the bank is insolvent.

15/10/2025

Stellar Insolvency Professionals LLP (“Stellar Insolvency” / “SIPL”) is an Indian firm that specializes in resolving financial distress, helping companies, banks, and individuals when debts are not being paid. They are registered insolvency professionals under the Indian Insolvency & Bankruptcy Code (IBC).

Key People & Expertise
- Anup Kumar Singh: Founder & Chairman. Over 25 years in banking and finance, has handled/assisted in 100+ CIRP (Corporate Insolvency Resolution Process) and liquidation cases under IBC.

- Other senior partners have backgrounds in law, accountancy, banking, and experience in distressed-asset resolution.

10/10/2025

Ever heard terms like Insolvency, Bankruptcy, NCLT, or Restructuring and felt completely lost?

You’re not alone.

These words sound intimidating, but they’re simply different ways of explaining how a business struggles, survives, or starts over.

Swipe through this carousel to learn how businesses fall, recover, or reinvent themselves.

07/10/2025

What is a distressed asset?

A distressed asset is any property, loan, or company being sold below its normal market value because the owner is under financial stress, usually through banks, ARCs, or IBC processes. Buyers often see it as an opportunity to make big profits if they can recover or redevelop it.

Understand this term with an example.

30/09/2025

Why early intervention saves businesses during financial trouble?

Financial distress does not happen overnight.

It often begins with liquidity pressure, delays in receivables, or unsustainable debt levels.

These early indicators are critical.

Addressing them promptly can determine whether a business recovers or collapses.

Insolvency practice shows that timely intervention provides significant advantages:

✅ Rapid diagnosis of root causes such as operational inefficiencies, market volatility, or working capital gaps.

✅ Preservation of liquidity and core assets, reducing reliance on high-cost debt.

✅ Retention of stakeholder confidence by demonstrating proactive risk management.

✅ Sufficient time to implement restructuring strategies, including debt realignment, contract renegotiation, or business model recalibration.

✅ Avoidance of insolvency proceedings that transfer control from management to external parties.

When management acts before issues escalate, the range of available solutions is broader, costs are lower, and the probability of sustainable recovery increases substantially.

At Stellar, we specialise in guiding businesses through these challenges.

Our team helps identify risks early, preserve value, and design effective restructuring strategies that keep companies in control of their future.

If the warning signs are already visible, now is the right time to act.

Stellar Insolvency Professionals LLP

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