Shardul Amarchand Mangaldas & Co advised the Committee of Creditors (CoC) of Vadraj Cement Limited (VCL), led by Punjab National Bank, in the successful implementation of the INR 1,800 crore resolution plan for VCL.
The deal marked the successful resolution of a long-standing insolvency matter and demonstrated the effectiveness of coordinated legal and commercial strategy in complex insolvency proceedings.
The Insolvency & Bankruptcy was led by Partners Soummo Biswas, & Parth Gokhale, Principal Associate Yugal Jain, Associates Ritika Sharma, and Amandeep Saini. The Litigation Team was led Partner Misha, and Principal Associate Abhilash Chaudhary
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