DSK Legal advised and assisted Sundaresh Bhat, Resolution Professional JBF Petrochemicals with respect to the corporate insolvency resolution process.
The Firm’s role consisted of end to end support to the resolution professional from commencement of the CIRP till implementation of the resolution plan, including verification of claims from various stakeholders, reviewing and analysing various resolution plans and their compliance with the provisions of IBC, CIRP regulations and the RFRP, reviewing resolution plans submitted by various entities, negotiation of the resolution plans with the various resolution applicants, preparing a compliance matrix for all resolution plans submitted in accordance with the provisions of IBC, CIRP Regulat…
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