The resolution plan submitted by Dhanuka Laboratories Limited, a group company of Dhanuka Agritech Limited, to acquire Orchid Pharma Limited has been approved by NCLT, Chennai. Earlier, the resolution plan submitted by Ingen Capital LLC was annuled by NCLT, Chennai and a fresh round of bidding was ordered. Pursuant to which, Dhanuka Laboratories, Accord Life Spec, Covalent Laboratories submitted the
Vaish Associates advised
Mumbai-headquartered firm IndiaLaw LLP led by
Update 17 April 2020: L&L Partners advised the lenders of Orchid Pharma, led by
2019-06-25
Deal value: 1116 crores
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.