Who We Are
SUN RESOLUTION PROFESSIONALS PRIVATE LIMITED (SRPPL)
Sun Resolution Professionals Private Limited (SRPPL) is an Insolvency Professional Entity (IPE) and registered with Insolvency & Bankruptcy Board of India(IBBI) under Insolvency & Bankruptcy Board with an aim to provide a complete Insolvency Professionals Services to various stake holders.
Founders of the company SRPPL are very eminent professional chartered accountants having rich professional experiences in the field of NPA Management, Business Restructure Plan, Business Turnaround, Corporate Laws, Corporate Planning and advisory, Taxation and Auditing & Assurance services.
Our vision is to impart speedy and sound resolution, resulting into maximum realization for all stake holders.
Our Mission
Provide a complete corporate insolvency advisory at one place
Optimize Corporate resources to resolve debtor-creditor conflicts
To raise a ray of hope to revive the corporate entities by various means
To maximize the value of assets of the Corporate Entity
SERVICES WE PROVIDE…
Make your business easier, we’ll help you improve.
Our Core Team
Ajay Milhotra has over 27 years of work experience. He has worked as a CFO, for various listed and unlisted companies both domestic and international in different industry verticals.
He specialises in diverse areas of finance including accounting, strategic and business planning, investor relations, corporate law, taxation, corporate governance, risk management, compliance, financial management, financial reporting, capital markets, fund raising and the like.
Sumit is a practicing Insolvency Professional and Advocate and based at New Delhi.
He is founder Partner of LawEdge Partners, a Law Firm and specialized in IBC, RDB Act, SARFAESI and civil recovery matters and has delivered significant results for various Public Sector Banks, Corporates and HNIs.
Sumit has over 16 years of industry experience in majorly in leadership roles while working with global industrial conglomerates such as General Electric, Alstom and Areva and during this period he successfully supported over 5 global M&A’s involving multiple listed companies and joint ventures.
Well qualified Chartered Accountant in the profession having worked for over a period of more than eight years with the firm; as a Partner since August 2009.
He has rich experience in Income Tax Matters, Corporate Law Matters, Internal audits, Statutory audits, Tax audits of small firms, Companies, Corporate, Statutory and Concurrent Audits of Nationalized Banks; Service Tax Matters besides rendering management consultancy and Project financing professional services of high standards to meet the financial needs of working capital and term loans of clients.
His expertise also includes exposure in restructuring borrowings of Companies; planning and developing internal control/MIS systems to suit any industries, project financing; thereby rendering valuable to clients.
He is exclusively engaged in the Insolvency Resolution Professional Service since April, 2017 and having working experience of handling small to mid-size corporate units.
He has completed Certificate Course on Concurrent Audit of Banks and Diploma in Information System Audit (DISA) in 2017.
Ajit is having 21 years of industrial experience. He worked with DLF Ltd for more than 10 years and executed many residential and commercial projects along with corporate finance and FDI, JDA’s and shareholding agreements etc. Apart from real estate, he has experience of construction and worked with Laing O’Rourke (Large Infrastructure construction Company). In 2017, he came into full time practice as Cost Accountant and Insolvency Professional.
He has rich experience in Project Management, Project Financing, Working Capital Financing, Financial Re-Engineering & Restructuring, General Insurance, Financial Modeling, Investment, Investor Relationship, FDI, FEMA matter. His managerial capabilities include strategic planning, M & A, new entity set up, due diligence, change management, resource optimization, turnaround management, corporate governance system implementation and people management. He is Delhi University graduate and a fellow member of Institute of Cost Accountants of India and Insurance Institute of India.
He has got his first assignment as IRP through IBBI in matter of Preet Tractors Pvt Ltd. Where he appointed as IRP and later reappointed as RP through CoC and matter was resolved well within timeline. He presented resolution before AA in less than two months. He is now appointed as liquidator in Geo Express Pvt Ltd after completing CIRP as IRP and RP. He has recently appointed as IRP in Jadoun International Pvt Ltd and RP in R P Basmati Rice Ltd through financial creditor.
He has been working with a number of global investors, and global companies across sectors/ industries for getting funds in form of equity and debt for expansion or provides resolutions to financially stressed companies.
He is empanelled with Oriental Bank of Commerce, Bank of Baroda, United Bank of India, Union Bank of India, Indian Overseas Bank, Bank of India, IDBI, Canara Bank and State Bank of India for the IRP/RP related services as a Insolvency Professional
He is Practicing Chartered Accountants since 23.02.2004 as partner in Bipin & Co Chartered Accountants, which was established in the year 1968, having 7 fellow ICAI partners and having wide experience of more than 49 years.
Audit
Statutory audit of Nuclear Power Corporation of India Limited, kakrapar Site and Internal Audit of Bharat Sanchar Nigam Limited – Vadodara & Nadiad SSA , Sona Alloys Ltd , Special internal audit assignment on behalf of State Bank of India (having Bank Exposure of Rs 1082.00 Crores) carried out
He is also having experience of Bank Branch Statutory Audit of Indian Overseas Bank, Canara Bank as well as concurrent audit of State bank of India, Union Bank of India, Syndicate Bank and Central bank.
Banking related important Exposure:
He is having vast experience of approx 1023 stock and receivable audit assignments from banking sector. The companies belong to various diversified fields.
Specialised Qualification:
Certificate course of Forensic Audit and Fraud Detection by ICAI.
Partner of Dhondge Patil Godhani & Co, Chartered Accountants located at Surat & Nasik , Mainly into auditing and Taxation and Project Finance and having customer base engaged in wide range of industries products and trading house. Worked as a self-employed in UK in the accountancy practices, taxation, portfolio and other business matters. Well verse with IAS and UKGAAP. Worked with one of the leading company namely LA Vision Ltd Manager accounting and finance.
Key Achievements:
- Secured 38thRank in CA final exam [Nov 1999] held by The Institutes of Chartered Accountants of India and Secured 5thRank in Masters of Commerce,[Nov 1998] from M S University, Baroda.
Key skills
- Analysis of financial information and project finance.
- Lead a team to organise and accomplish assigned tasks within deadline.
- Can use various accounting software, IRIS, Sage Accounts, Sage Line50, Sage payroll, Tally, MS Excel and word.
Additional Qualifications:
- Qualified Systems Auditor, DISA (ICAI)[ June 2016 ]
- Certificate in Concurrent Audit of Bank branches. [ Nov 2016 ]
Mr. Mudappallur Varieth Gangadharan, a Chartered Accountant qualified in May 1976 with certificate of Merit 3rd Rank in C.A Inter May 1974. A B.Sc Graduate with 1st rank from Loyola College Madras, He had his Overseas Stint of 5 years in Muscat Sultanate of Oman.
He started Practicing in 1984 in Chennai, he is well versed in Income Tax, Bank Audits, Company Audits and caters to a wide spectrum of Clientele. Also qualified as an Insolvency Professional in July 2017, he has handled 4 cases in NCLT Chennai.
Rich experience of more than 32 years in India as well Overseas ,not only in finance, accounts, costing ,auditing, vigilance and fund raising but also in general management as COO/CEO of manufacturing and trading companies including negotiating and running national distributorship of famous energy drink “Red Bull” with large base of customers, sales force and fleet.
Began his career from company manufacturing heavy equipment’s, pumps and compressors for Oil and gas Industry for Indian as well export market and then for steel and other industries, including NAVRATNA company called Gas Authority of India Ltd. (GAIL) , at manufacturing units as well corporate level in India. Developed green field projects in detergent and related chemicals, ceramics ( sanitaryware as well ceramic and porcelain tiles), beverages (Mineral Water, juices and energy drinks) and more in Muscat-Oman and was responsible for bringing public issues and looked after all listing and thereafter compliance requirements of stock exchange and regulator. Also part of negotiations and selection of foreign technology for new projects. Managed investor relations and handled all matters as secretory to Board, audit and executive committees etc. Good exposure of International trade finance ,treasury functions , hedging and forward foreign currency and interest rate contracts. Led team of professionals and staff coming from approx.. 20 various countries and different cultures and in difficult conditions. Expert in drafting policies, procedures and delegation of power, chart of accounts manuals . Also specialized in insurance management and insurance claims. Was also responsible for capacity enhancement / expansions , cost cutting, financial and business restructuring etc. in companies worked.
Also actively served Vigilance Committees of Public Sector Companies and solved/detected many fraud and misappropriation cases with actionable evidences. Strong Fundamentals, Public Relations and Network in the corporate world. Capable of writing of Growth & Success Story for entrepreneurs or organization from ground reality
He is the founder and executive director in the startup of SRPPL; He is practicing Chartered Accountant.
He began his career in 2003, by becoming the Associate Member and then Fellow Member of the Institute of Chartered Accountants of India, in the year 2008.
He started a proprietorship firm in 2003 and then merged with partnership firm in the name of V. CAN & Co. in 2007; he is practicing as Chartered Accountant since 2003 and at present successfully carrying on the profession.
Specialized in Government Audit and Bank Audits, he is also an empanelled arbitrator and having deep understanding of various laws in India. He has conducted stock audits and revenue audits for small industries to large scale industries on behalf of various nationalized Banks. Further he has been concurrent auditor of Government Project like Sarva Sikhsa Abhiyan, Gujarat State Aviation Ltd, GIPL, RMSA etc.
He was past Chairman of Ahmedabad Branch of Western Region of ICAI.
He was past Vice Chairman, Secretary and Treasurer of Ahmedabad Branch of Western Region of ICAI.
He has successfully completed Certificate course of Arbitration from ICAI.
He is the founder and driving force behind the startup of SRPPL; He is in full time practice as Insolvency Professional.
He began his career in 1989, by becoming the Associate Member and then a Fellow Member of the Institute of Chartered Accountants of India, in the year 1995.
At an Initial Stage, worked for two years with a reputed firm, later on, started as proprietorship and now a partnership firm in the name of R. CHOUDHARY & ASSOCIATES; practicing as professional Chartered Accountant since 1990 and at present successfully dedicated to the profession.
Specialized in NPA Management, Government Audit and Project Financing, he looks after the NPA Management Division and Government Audit divisions of the firm. Continuing in the profession, is now moving to greater heights along with strong, enthusiastic, committed young team of most talented Chartered Accountants and associates to the firm. He also has successfully completed assignments of issued related SARFAESI, DRT, Restructuring BIFR / AIFR etc
He was past member of Information Technology Committee of Western Region of ICAI.
He is present member of PDICAI (Professional Development Committee of ICAI) and serving the Institute.
He has successfully completed Certificate course of Forensic Audit and Fraud Prevention (FAFP) from ICAI in the year 2016.