Kochhar & Co. Represents GAIL In It’ Successful Bid For JBF Petrochemicals Under IBC
Kochhar & Co. Represented Gas Authority of India (GAIL) in its successful bid for debt-laden JBF Petrochemicals under India’s Insolvency and Bankruptcy Code, 2016 (IBC).
The Firm’s Restructuring Practice Group advised GAIL on the Corporate Insolvency Resolution Process (CIRP) under IBC with in-depth assistance from the Disputes Practice Group culminating in the approval of GAIL’s resolution plan by the NCLT Ahmedabad on 13.03.2023.
Kochhar & Co. comprised of Senior Partner Pradeep Ratnam, Partner Samiron Borkataky, Principal Associate Samad Ali, Senior Associate Kritika Angirish, Senior Associate Yaashna Thakran, Associate Priyadarshinee Singh, Associate Swapnil Sant and Associate Anushka Agarwal.