Nationwide expansion of InCorp's restructuring accelerates, bolstering India's insolvency network for increased effectiveness
InCorp Restructuring Services LLP, an Insolvency Professional Entity (IPE) recognised by the Insolvency and Bankruptcy Board of India (IBBI), has announced a significant expansion of its operations in India. The LLP has onboarded 12 new partners to strengthen its insolvency, resolution, and restructuring services.
The expanded team now operates out of 10 cities across India, including Mumbai, Delhi, Bengaluru, Ahmedabad, Hyderabad, Chennai, Nagpur, Cochin, Ahmednagar, and Pune. This move aims to provide localized access and on-ground support for distressed businesses under the Insolvency and Bankruptcy Code (IBC).
The team at InCorp Restructuring Services LLP brings deep sectoral expertise across industries such as Infrastructure, EPC, Real Estate, Solar, Engineering, Cable & Wire, Hospitality, Diamond, Textile, Pharmaceuticals, Steel, Healthcare, and Education. They have a combined experience of more than 160 years and have cumulatively resolved cases amounting to over ₹35,000 crores across 150+ mandates.
The partners have also resolved stressed assets amounting to claims of over INR 35,000 Crore. Their skill sets include mergers and acquisitions, financial due diligence, litigation support, compliance advisory, tax, and audit practices. The expanded team provides a comprehensive service portfolio for turning around stressed assets across sectors.
This expansion solidifies InCorp Restructuring Services LLP’s position as a key player in helping Indian businesses navigate financial distress more effectively. With a team of over 40 professionals, the LLP is committed to offering comprehensive, ethically driven support to its clients.
In a related development, InCorp Advisory (an Ascentium company related by branding but distinct from the restructuring LLP) has recently strengthened its cybersecurity, risk, and compliance advisory services through the acquisition of Bengaluru-based Ken & Co., expanding its footprint and digital risk offerings in India.
| Aspect | Details | |--------------------------|-------------------------------------------------------------------------------------------| | New Partners | 12 partners onboarded to enhance nationwide service | | New Locations | Mumbai, Delhi, Bengaluru, Ahmedabad, Hyderabad, Chennai, Nagpur, Cochin, Ahmednagar, Pune | | Services Expanded | Insolvency, resolution, restructuring under IBC | | Team Size | 40+ professionals | | Cases Resolved | 150+ mandates worth ₹35,000+ crores | | Strategic Goal | Strengthen India's insolvency ecosystem with localized expertise |
The Insolvency and Bankruptcy Code (IBC) has been instrumental in contributing meaningfully to India's evolving restructuring ecosystem. With the expansion of InCorp Restructuring Services LLP, the IRS continues to play a significant role in this evolution.
References: [1] Business Standard, "InCorp Restructuring Services LLP expands operations nationwide", July 2025. [2] Economic Times, "InCorp Restructuring Services LLP onboards 12 new partners", July 2025. [3] Financial Express, "InCorp Advisory acquires Bengaluru-based Ken & Co.", July 2025. [4] Mint, "InCorp Restructuring Services LLP resolves cases worth over ₹35,000 crores", July 2025.
- The IBC expansion has enabled InCorp Restructuring Services LLP to provide localized access and on-ground support for distressed businesses in ten cities across India.
- The team at InCorp Restructuring Services LLP has deep sectoral expertise, including in industries such as real estate, healthcare, and education.
- The 12 newly onboarded partners to strengthen the insolvency, resolution, and restructuring services offered by InCorp Restructuring Services LLP brings a combined experience of over 160 years.
- The new team at InCorp Restructuring Services LLP provides a comprehensive service portfolio for turning around stressed assets across various sectors and has cumulatively resolved cases amounting to over ₹35,000 crores across 150+ mandates.
