Subscribe for perks & to support LI

Your Interests & Preferences: Personalise your reading

Which best describes your role and/or interests?

I work in a law firm
I work for a company / in-house
I'm a litigator at the bar
I'm a law student
Aspiring law student
Save setting
Or click here to show more preferences...

I am interested in the following types of stories (uncheck to hide from frontpage)

Firms / In-House
Legal Education

Always show me: (overrides the above)

Exclusives & Editor's Picks

Website Look & Feel

Light Text on Dark Background

Save preferences

Note: Your preferences will be saved in your browser. You can always change your settings by clicking the Your Preferences button at the top of every page.

Reset preferences to defaults?

Argus, SAM, CAM act on $1.55n Monnet Ispat insolvency sale to AION Capital-JSW

“The National Company Law Tribunal (NCLT) has approved the bid of AION Capital-JSW Steel to acquire Monnet Ispat & Energy Ltd, providing major relief to the consortium” in the insolvency reported Mint.

Cyril Amarchand Mangaldas advised Committee of Creditors (CoC) of Monnet Ispat & Energy Limited, comprising of 40 financial creditors, led by a team of partners L Viswanathan and Spandan Biswal.

Argus Partners advised the resolution professional of Monnet Ispat, Sumit Binani (supported by Grant Thornton), with an Argus Partners including managing partner Krishnava Dutt, partner Ranjit Shetty, partner Adity Chaudhury, senior associate Swapnil Gupte and associate Riya Dutta.

Shardul Amarchand Mangaldas advised the resolution applicants, AION Investments Private II Limited and JSW Steel Limited, led by a transaction team of partners Gunjan Shah, Shruti Kanodia, senior associates Sneha Vardhan and Aditi Kapoor, and associates Rahil Edward Pereira and Shubhaang Sinha. The litigation team included partners Misha and Meghna Rajadhyaksha, senior associate Siddhant Kant, and associate Umang Singh. The competition law team consisted of partner Aparna Mehra, associate Gayatri Pradhan, senior economist Saattvic, and associate Geet Sawhney.


Deal value: Rs 110,149,151,687

Latest comments