Pranav Damania
Founder & Lead Insolvency Professional, Consult Insolvency
FCA (ICAI) · ACS (ICSI) · DipIFR (ACCA, UK) · IBBI-Registered Insolvency Professional
Helping businesses, creditors, investors and multinational groups navigate insolvency, restructuring, liquidation and complex business exits with regulatory precision and commercially practical execution.
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25+
Years Experience
In insolvency, taxation and advisory
45+
Assignments
Voluntary liquidation mandates executed successfully
30+
Dissolutions
Approved under Section 59 of IBC
₹5,000+ Cr
Exposure
Aggregate debt handled across assignments
₹300+ Cr
Repatriated
Funds returned to overseas investors
10+
NCLT Appearances
Across major tribunals in India
Experience Grounded in Regulation. Advice Focused on Outcomes.
Pranav Damania is a Chartered Accountant, Company Secretary, DipIFR holder and Registered Insolvency Professional with more than 25 years of professional experience across insolvency, taxation, assurance, transaction advisory, valuation and cross-border business matters.
Among the early professionals registered with the Insolvency and Bankruptcy Board of India, he has developed extensive experience under the Insolvency and Bankruptcy Code, 2016. His work spans Corporate Insolvency Resolution Processes, voluntary liquidation, liquidation under IBC, resolution-plan advisory, creditor support, distressed-asset matters and regulatory representation before NCLT benches across India.
Pranav is particularly experienced in helping multinational groups close Indian subsidiaries, complete regulatory and tax formalities, distribute liquidation proceeds and repatriate capital to overseas shareholders. His approach brings together regulatory understanding, financial analysis, stakeholder coordination and disciplined execution.
Before establishing his advisory practice, he gained operating and financial-management experience in the steel and infrastructure sectors. This combination of industry exposure and professional practice enables him to assess an assignment from both a regulatory and commercial perspective.
Explore areas of expertise →India’s First Dissolution Order at the First Hearing Under Voluntary Liquidation
A precedent-setting outcome
Pranav Damania secured India’s first dissolution order at the first hearing under Section 59 of the Insolvency and Bankruptcy Code, 2016, before the Hon’ble NCLT Mumbai Bench in the voluntary liquidation of Raay Hospitality Private Limited.
The outcome reflects a carefully planned process, complete regulatory preparation and disciplined coordination across the liquidation lifecycle.
