IP & CA. Anil Goel

B.Com, FCA, DISA (ICAI),
Insolvency professional

Founder & Chairman

AAA INSOLVENCY PROFESSIONALS LLP
AAA CAPITAL SERVICES PVT. LTD.
AKG & CO., CHARTERED ACCOUNTANTS

The foundation of AAA Group goes back to 1984 when I founded M/s AKG & Co.,
Chartered Accountants (AKG) and the prime engagements were debt syndication,
Working Capital Management, Loan Applications, Nursing and rehabilitation of Sick Units,
rescheduling and restructuring of debt and equity and in the process a well experienced
team was developed. Today, the firm is a well-respected mid-level CA Firm and has the
experience of many financial valuations and has handled various projects of Debt & Equity
Funding, Venture Capital Funding, BIFR Cases, CDR Cases, etc. in the past 35 years.

I founded AAA Capital Services Pvt Ltd (AAACS) in 1993 for rendering Advisory
Services relating to Capital Markets. From the year 2003 onwards, the company began
its journey in the profession of Resolution Agents, enforcement Agents and supporting
agency under SARFAESI Act. During its 17 years journey, the company has been assigned
more than 21,500 cases across more than 100 locations across India under SARFAESI Act
for resolution, enforcement or support.

AAA Insolvency Professionals LLP (AAAIP) was incorporated on 20th December 2016 by its four founder partners and it became one of the first two ‘Insolvency Professional Entity (IPE)’ to be recognized by IBBI on 1st March 2017. The journey for AAAIP has been encouraging and we are proud to share that the firm has grown to become the largest in the country with 38 Partners across 16 States as on 1st September 2019.

Together, AKG, AAACS & AAAIP have more than 260 Human Resources across 82
Cities in 22 States of India.

The valuation profession has a long history in India and Different statutes require a valuation of assets for different purposes and prescribe the manner of such valuation. Several attempts in the past to have an institutional arrangement that develops and regulates the profession of valuers who can estimate the value of any asset with full responsibility bore fruit with the enactment of the Companies Act, 2013 (Act). Section 247 of the Act & Insolvency & Bankruptcy Code (IBC) provides that valuations required under the provisions of the Act shall be conducted by registered valuers registered with IBBI with effect from 1st February 2019. As on 19th August, 2019, IBBI has registered more than 2199 valuers across the country including 1252 for Land & Building Asset Class, 244 for Plant & Machinery Asset Class & 707 for Securities & Financial Assets Asset Class.

AAA Valuation Professionals (I) LLP was incorporated on 6th December, 2018 and became a member of IOV Registered Valuers Foundation for all three asset classes on 25th February, 2019. The firm is recognised by IBBI as a Registered Valuer Entity for all three asset classes i.e. Land & Building, Plant & Machinery & Securities & Financial Assets

vide registration number IBBI/RV-E/02/2019/104 w.e.f.8th August, 2019.

With its partners also recognised as Registered Valuers under Wealth Tax Act, 1957,
valuation assignments under other statutes like SARFAESI will also be available to the
Entity.

We proudly announce that all the partners have taken integrity pledge and are committed
to deliver on valuation assignments with Integrity, Transparency and Independence. Our
partners are also spending time in spreading knowledge and have spoken at various
forums on the subject of Valuation.

We at AAA Group, are hopeful that AAA Valuation Professionals (I) LLP will set high
standards of Knowledge, Integrity and professionalism for the Valuation Profession and
renew the trust of our Customers, employees, associates and other professionals on AAA
Group.

With regards

CA. Anil Goel