Kochhar & Co. has advised Agrawal Infrabuild Private Limited, the successful resolution applicant, in connection with the submission of a resolution plan worth approximately ₹1,200 crore for Ludhiana Talwandi Toll Roads Private Limited, formerly known as Essel Ludhiana Talwandi Toll Roads Private Limited.
The firm advised on the overall resolution strategy for the corporate debtor under the Insolvency and Bankruptcy Code, 2016, including the review of the information memorandum issued under Section 29 of the IBC, the request for resolution plan and the evaluation matrix. It also advised on the process for submission, evaluation and negotiation of resolution plans.
Kochhar & Co. drafted the resolution plan, which covered debt…