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IBC Claim Verification in 2026: A Practical Guide for Creditors | ASC Group

When a company enters the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC), one of the most important steps is identifying the genuine claims of creditors. The process of claim verification helps establish the amount actually owed by the corporate debtor and ensures that creditors are appropriately considered during the insolvency proceedings. For creditors, submitting a claim is not simply about stating an amount. The claim needs to be supported by relevant records and examined in accordance with the applicable insolvency framework. What Is Claim Verification Under IBC? Claim verification is the process through which the Interim Resolution Professional (IRP) or Resolution Professional (RP) examines claims submitted by creditors during CIRP. The objective is to determine whether a debt exists, the amount payable, and the appropriate classification of the creditor's claim. The RP may consider information provided by the creditor ...

Outsourcing Consultants Services in India: 2026 Guide | ASC Group

In today's competitive business environment, companies are constantly looking for ways to improve efficiency, manage costs, and focus more on their core objectives. One approach that has gained significant importance is outsourcing. From accounting and payroll to IT, customer support, compliance, and back-office operations, businesses can delegate various activities to specialised external service providers. India has emerged as a preferred destination for businesses seeking reliable and scalable outsourcing solutions. However, selecting the right outsourcing model and ensuring that the arrangement meets business and compliance requirements can be challenging. This is where professional Outsourcing Consultants can make a difference. Understanding Outsourcing Services Outsourcing services refer to the practice of assigning specific business processes or functions to an external organisation instead of handling them entirely with an in-house team. Depending on their requirements, b...

FLA Return Filing in India: 2026 RBI Compliance Guide | ASC Group

Foreign investment has become an important part of India’s growing business ecosystem. However, businesses receiving foreign investment or making investments outside India must also comply with various reporting requirements under the Foreign Exchange Management Act, 1999 (FEMA). One such important annual compliance is the FLA Return . For eligible Indian entities, timely and accurate fla return filing is essential to meet the reporting requirements of the Reserve Bank of India (RBI). What is an FLA Return? The Annual Return on Foreign Liabilities and Assets, commonly known as the FLA Return, is an annual return submitted to the RBI by eligible Indian entities having foreign direct investment (FDI) and/or overseas investment. The return provides information about an entity’s foreign assets and liabilities as of the end of the relevant financial year. The information reported through the FLA Return also assists the RBI in compiling India’s external-sector statistics. Who is Required t...

Program Management Consulting Services in India: 2026 Guide to Smarter, Faster & More Effective Program Delivery

Managing a complex program in 2026 is no longer just about tracking deadlines and budgets. Organizations must coordinate multiple projects, manage stakeholders, control risks, optimize resources, and ensure every initiative contributes to a larger strategic objective. This is where program management consulting services can make a decisive difference. Businesses, government-linked initiatives, development-sector organizations, and growing enterprises increasingly need structured expertise to turn ambitious plans into measurable outcomes. ASC Group provides program management consulting designed to support organizations throughout the project and program lifecycle—from planning and execution to monitoring, risk management, stakeholder coordination, and continuous improvement.  If your organization is preparing for a major transformation, expansion, development initiative, or multi-project program, this 2026 guide explains how professional program management can help you move from ...