Pre-Packaged Insolvency Resolution Process (PPIRP)
                     Pre-Packaged Insolvency Resolution 
Process (PPIRP)
INTRODUCTION
Pre-Packaged Insolvency Resolution Process 
(PPIRP): 
PPIRP is a hybrid insolvency mechanism introduced 
under the Insolvency Bankruptcy Code (IBC) 2016. 
It combines the benefits of both informal and formal 
insolvency procedures, enabling a quicker and more 
efficient resolution of financial distress. This process 
is particularly beneficial for Micro, Small, and 
Medium Enterprises (MSMEs), allowing them to 
retain control while negotiating a resolution with 
creditors.
Pre-Packaged Insolvency Resolution Process (PPIRP)
KEY FEATURES
• Speed: PPIRP is designed to be completed within 90 
to 120 days, ensuring swift resolution.
• Flexibility: It allows for pre-negotiated plans with 
creditors, reducing the need for lengthy court 
proceedings.
• Debtor-in-Possession: The existing management 
continues to run the company during the process, 
ensuring business continuity.
Pre-Packaged Insolvency Resolution Process (PPIRP)
BENEFITS
• Cost-Efficiency: The streamlined process reduces 
legal, administrative, and operational costs.
• Stakeholder Involvement: Early engagement with 
creditors fosters collaboration and improves chances 
of a successful resolution.
• Value Preservation: PPIRP focuses on 
restructuring the business rather than liquidation, 
preserving jobs and business value.
Pre-Packaged Insolvency Resolution Process (PPIRP)
PRE-PACK INSOLVENCY VS. 
TRADITIONAL INSOLVENCY
• Pre-Pack Insolvency: A debtor-led, faster, and 
more flexible process.
• Traditional Insolvency: Typically court-driven, 
time-consuming, and costly.
Pre-Packaged Insolvency Resolution Process (PPIRP)
CONCLUSION
PPIRP offers a balanced, efficient approach to 
resolving insolvency, protecting the interests of all 
stakeholders while maintaining business viability.
Pre-Packaged Insolvency Resolution Process (PPIRP)
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