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AZB acts for creditors on $1.2bn insolvency sale of Deccan Chronicle to Srei Vision India Fund (Jun ‘19)

Acquisition by Vision India Fund of Deccan Chronicle Holdings Limited pursuant to a resolution plan approved by the NCLT, according to icle/articleshow/69641903.cms reports: “HYDERABAD: Ending nearly two years-long suspense over resolution for ailing media house Deccan Chronicle Holdings Ltd, the National Company Law Tribunal on Monday approved the resolution plan submitted by Kolkata-based Srei group.”

AZB & Partners advised Committee of Creditors (CoC) led by a team of partners Piyush Mishra, Suharsh Sinha and Hufriz Wadia in the insolvency.


Deal value: INR 83.4 Billion / USD 1.2 Billion

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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