[INDIA] RBI, SEBI and IRDAI · Source-code escrow and continuity obligations for critical applications[EU DORA] ICT third-party risk testing required · In force Jan 2025[PRA] SS2/21 UK · Vendor recovery evidence required[MAS] Singapore TRM · Independent vendor recoverability expected[APRA] CPS 230 Australia · Third-party continuity obligations in force[FFIEC] United States · Source-code access and software escrow addressed in third-party contracts[ENTERPRISE] Mission-critical software procurement increasingly requires continuity evidence before contract
[INDIA] RBI, SEBI and IRDAI · Source-code escrow and continuity obligations for critical applications[EU DORA] ICT third-party risk testing required · In force Jan 2025[PRA] SS2/21 UK · Vendor recovery evidence required[MAS] Singapore TRM · Independent vendor recoverability expected[APRA] CPS 230 Australia · Third-party continuity obligations in force[FFIEC] United States · Source-code access and software escrow addressed in third-party contracts[ENTERPRISE] Mission-critical software procurement increasingly requires continuity evidence before contract

Escrow Banking

Escrow Infrastructure for IBC Liquidation That Brings Clarity and Control

Castler’s escrow solution for IBC liquidation simplifies complex workflows by enabling secure asset sales, claim verification, and transparent fund distribution. Designed for IRPs, creditors, and NCLT-regulated processes, the platform reduces manual errors, ensures compliance, and accelerates resolution timelines. Castler empowers stakeholders to manage liquidation proceedings fairly, efficiently, and with complete visibility

Purpose-bound fundsMulti-bank visibilityRule-based settlements

Neutral control

Funds remain governed by agreed release conditions

Bank-connected

Escrow operations stay visible across the banking workflow

Audit-ready

Every movement retains a clear operational trail

THE USE CASE

A controlled escrow operating model

Safe Asset Sales: Safeguarding Proceeds for Stakeholders

Assets are disposed of during the liquidation process through mechanisms such as auctions or tenders. We secure funds with litigation escrow and keep them safe until proper distribution to stakeholders is guaranteed, thus reducing risks of misappropriation.

Pre-Packaged Insolvency Resolution: Ensuring Safe Fund Handling

For pre-packaged insolvency resolution, the funds of the applicant are securely kept in escrow for litigation until the implementation of the resolution plan, with no funds being misused during the process.

Transparent Claims Verification: A Seamless and Trustworthy Process

Deposited claims are verified and decided as per the IBC mechanism. Litigation escrow provides a guarantee that such claims are dealt with on a neutral basis, safeguarding both creditors and the corporate debtor.

Prompt Release of Funds: Streamlining Through Automation

Once the claims are confirmed, the escrow funds for liquidation get released automatically according to pre-defined priorities in the IBC, streamlining the process by minimizing manual verification and speeding up the process.

IBC Liquidation Process with Escrow: A Secure, Efficient Solution

Asset Sale - The assets are sold via different channels such as auctions or tenders.

Sale Proceeds in Escrow – Sale proceeds are held securely in an Escrow account with any of our banking partners and integrate it with Castler.

Claims Verification and Adjudication - All claims are verified and adjudicated as per the IBC framework, with fairness and transparency ensured.

Automated Fund Distribution : Castler's dashboard/API automates fund distribution from escrow accounts per IBC priority, ensuring timely and accurate settlements.

Dispute Resolution : Although disputes can still occur, escrow for liquidation has a clear audit trail that aids in resolving disputes efficiently, reducing errors in fund distribution.

Streamlining IBC Liquidation with Castler’s Escrow Platform

Your funds are securely held in an escrow account, reducing the risk of misappropriation or loss during the liquidation process.

This ensures that funds are safely held until the investment conditions are satisfied, boosting investor confidence.

Transparency Throughout the Process

Transparency and accountability are ensured through the entire process for all stakeholders. Right from the sale of the assets to distribution of the funds, litigation escrow ensures transparency, building trust for all concerned parties.

Efficient and Simplified Process

By automating the process of distribution of funds and verification of claims, escrow for liquidation eliminates the complexities involved in manual processing, accelerating the process and minimizing the possibility of errors.

Fewer Legal Disputes

Utilization of escrow for litigation makes sure that the funds are processed in a way that minimizes the possibility of disputes, and if disputes occur, they can be resolved more effectively with a full audit trail.

Maximize the Benefits of Escrow in IBC Liquidation Today

Enjoy safe and automated fund management designed specifically for liquidation purposes.

Simplify financial operations with effortless multi-bank connectivity.

Take advantage of 24/7 escrow monitoring and seamless automated disbursal of liquidation proceeds.

Gain access to scalable, future-proof solutions that adapt with your liquidation requirements.

Let’s work together to create a safer, more resilient future for your business.

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ESCROW BANKING

Put every release condition and settlement rule in one controlled flow

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