IRR-IP was incorporated on 7th February, 2017. It is promoted by Mr. Alok Dhir & Mr. Nilesh Sharma, both veterans in the domain of legal, commercial and financial advisory to corporate entities in distress, Banks/Financial Institutions/Bondholders/Lenders and other stakeholders related to such entities. They have been playing a lead role in formulating and executing plans in terms of revival strategies both management and legal acumen wise.

Mr. Alok Dhir is the Founder and Managing Partner and Mr. Nilesh Sharma is the Senior Partner of Dhir & Dhir Associates, a well-established law firm which is rated as the top law firm in India relating to Insolvency & Bankruptcy laws. Both of them have been consistently recognized as the leading lawyers for 'Restructuring & Insolvency' in the country by most globally accredited rankings for legal services. They are also one of the first few Insolvency Professionals registered under the new Insolvency & Bankruptcy Code 2016.