India, Sept. 3 -- There's a moment - quiet but powerful - when a promoter realises they're no longer in control. That moment is called Day 1 of CIRP. From that day, the company is no longer "yours." The board is suspended, a Resolution Professional (RP) steps in, and the Committee of Creditors (CoC) becomes the most important room in the building. But here's what no one tells you: CIRP is not just a legal process. It's an emotional one. What actually happens inside CIRP? It's a 180deg shift. lThe RP becomes the custodian of the company. l All operational and financial decisions go through them. l The promoters can no longer run the business like they used to. l Lenders meet as the CoC, often for the first time as a group. There's financia...