“National Company Law Tribunal (NCLT)’s Hyderabad bench on Thursday approved the resolution plan submitted by J K Papers Limited for the revival of Sirpur Paper Mills Limited’s operations in Telangana,” reported Business Standard about the insolvency.

Shardul Amarchand Mangaldas & Co advised JK Paper Limited led by a team of transaction: executive chairman Shardul Shroff; partner Shruti Kinra; senior associate Roma A Das; and senior associate Rohan Jain. Property law regulatory matters: partner Mrinal Kumar; senior associate Sourav Nath and senior associate Shrutikirti Kumar. Litigation: Misha, partner; partner Ameya Gokhale; senior associate Vaijayant Paliwal. Competition: partner Shweta Shroff Chopra associate Sonali Charak.

2018-07-19

Deal value: US$ 23.5 million

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