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Mar 31, 2023

ASG Hospital Private Limited (“ASG”) in drafting, negotiating and implementing the resolution plan for Vasan Health Care Private Limited under the provisions of the IBC

AZB & Partners advised leading eye care hospital chain ASG Hospital Private Limited (“ASG”) in drafting, negotiating and implementing the resolution plan for Vasan Health Care Private Limited under the provisions of the Insolvency and Bankruptcy Code. The resolution plan by ASG, was approved by about 98% of the CoC and subsequently by the NCLT and was recently implemented.

The deal team comprised of our Partners Kunal Kumbhat, Suharsh Sinha, Dr. Dhirajkumar Totala, Senior Associate Kushagra Pandey, and Associates Tanya Chib and Parimal Kashyap.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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