DSP Professionals Pvt. Ltd.
Effective Date: 16 February 2026
1. Introduction
DSP Professionals Pvt. Ltd. (“DSP Professionals”, “we”, “our”, or “us”) is a recognized Insolvency Professional Entity (IPE) empanelled by NCLT and operating under the Insolvency and Bankruptcy Code, 2016.
This Data Retention Policy outlines how we retain, manage, archive, and dispose of personal, professional, and statutory data collected during the course of our insolvency and restructuring assignments and through our website.
We are committed to maintaining confidentiality, regulatory compliance, and secure data management practices.
2. Scope of This Policy
This policy applies to:
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Website visitor data
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Contact form submissions
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Professional engagement records
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Corporate insolvency documentation
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Financial and stakeholder information
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Regulatory filings and compliance records
3. Categories of Data Retained
A. Website & Enquiry Data
Includes:
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Name
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Email address
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Phone number
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Organization details
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Enquiry information
Retention Period:
Typically retained for up to 3 years, unless required for longer due to ongoing engagement or legal obligations.
B. Professional Engagement Data
Includes:
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Engagement letters
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Client communications
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Financial records
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Advisory documentation
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Internal analysis
Retention Period:
Retained for a minimum of 8 years or longer where required under applicable law or regulatory guidelines.
C. Insolvency & Liquidation Assignment Records
Includes:
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Claim verification documents
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Committee of Creditors records
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Resolution plans
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Liquidation reports
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Asset valuation documents
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Statutory filings before NCLT
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Correspondence with IBBI
Retention Period:
Maintained in accordance with:
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Insolvency and Bankruptcy Code, 2016
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IBBI Regulations
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Adjudicating Authority directions
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Professional standards and compliance requirements
These records may be retained for extended statutory periods as required by law.
D. Regulatory & Compliance Documentation
Includes:
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KYC records (where applicable)
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Audit documentation
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Regulatory correspondence
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Compliance reports
Retention Period:
As required under statutory and regulatory mandates.
4. Legal & Regulatory Basis for Retention
DSP Professionals Pvt. Ltd. retains data based on:
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Statutory obligations under IBC, 2016
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Regulations issued by the Insolvency and Bankruptcy Board of India (IBBI)
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Orders and directions of National Company Law Tribunal (NCLT)
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Professional compliance requirements
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Legitimate business interests
Retention periods may extend where required for:
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Legal proceedings
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Dispute resolution
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Regulatory investigations
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Audit requirements
5. Data Storage & Security
We implement reasonable administrative, technical, and organizational safeguards including:
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Controlled access to sensitive records
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Secure digital storage systems
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Password-protected documentation
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Restricted internal access protocols
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Secure archival procedures
All assignment-related records are handled with strict confidentiality.
6. Data Archival & Disposal
When retention periods expire and data is no longer required:
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Physical records are securely destroyed
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Digital records are permanently deleted or anonymized
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Confidential disposal procedures are followed
Where legal or regulatory obligations require continued retention, records will be archived securely.
7. Confidentiality Obligations
As a recognized Insolvency Professional Entity, DSP Professionals Pvt. Ltd. is bound by:
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Professional confidentiality standards
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IBC statutory obligations
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Regulatory compliance guidelines
Sensitive financial and corporate information received during insolvency proceedings is retained and protected in accordance with legal requirements.
8. Data Subject Rights
Subject to applicable laws, individuals may:
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Request clarification on retained personal data
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Request correction of inaccurate information
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Request information on retention periods
Certain statutory records under insolvency proceedings may not be eligible for deletion due to regulatory obligations.
9. Policy Updates
DSP Professionals Pvt. Ltd. reserves the right to update this Data Retention Policy to reflect:
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Regulatory changes
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Legal developments
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Operational modifications
Revised versions will be published on this page with an updated effective date.
10. Contact Information
For queries regarding data retention practices, please contact:
DSP Professionals Pvt. Ltd.
Registered Office – Pune
401-A, Manik, Prabhat Road,
Lane No. 11 Corner,
Pune – 411004
Maharashtra, India
Corporate Office – Mumbai
155, 15th Floor, ‘C’ Wing, Mittal Court,
Nariman Point,
Mumbai – 400021
Maharashtra, India
Phone: +91 98228 45260
Email: ipe@dspprof.com
Website: www.dspprof.com