Insolvency & Bankruptcy
Committee of Creditors of Bhushan Steel
on the insolvency process and acquisition by Tata Steel for US$ 9.35 billion, in the first Insolvency and Bankruptcy Code case to be resolved successfully
Committee of Creditors of Essar Steel and State bank of India
on the insolvency process and acquisition of Essar Steel by Arcelor Mittal for US$ 7 billion
Resolution Professional of Alok Industries Limited
on its insolvency proceedings involving a debt exposure of approximately US$ 4.3 billion
Resolution Professional of Bhushan Power & Steel Limited
on its insolvency process and acquisition by JSW Steel for US$ 2.7 billion
Resolution Professional of Electrosteel Steels Limited
in relation to its insolvency proceedings. The total debt exposure of Electrosteel was US$ 1.9 billion
AION Investments and JSW Steel
on acquisition of Monnet Ispat Energy Limited for US$ 555 million, in the first cross border acquisition by a private equity fund in India