Shardul Amarchand Mangaldas & Co (SAM), AZB & Partners and Khaitan & Co have worked on various aspects of the insolvency proceedings for Vadraj Cements.
The National Company Law Tribunal approved the INR18 billion (USD209.3 million) resolution plan in Mumbai on 1 April 2025.
SAM advised the committee of creditors of Vadraj Cements, led by Punjab National Bank, on the company’s corporate insolvency resolution process.
Partner Soummo Biswas led the SAM team with the assistance of principal associate Yugal Jain, senior associates Apeksha and Aditi Tomar as well as associates Ritika Sharma and Amandeep Saini. Partner Misha, with help from principal associate Abhilash Chaudhary, led the litigation team.
The…
