The Firm advised and represented the committee during the entire resolution process of the Vidarbha, including reviewing the challenge process document, review of resolution plans received during the CIRP, negotiations with the prospective resolution applicants and implementation of the Resolution Plan.
The transaction team was led by Madhav Kanoria (Partner) and Surbhi Pareek (Partner) with assistance from Associates Parnika Jain and Ayushee Singh. The team also represented the committee in relation to the proceedings before the National Company Law Tribunal.
Srideepa Bhattacharya (Partner) with assistance from Neha Shivhare (Principal Associate) represented CFM Asset Reconstruction Private Limited before Debt Recovery Tribunal.