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Some of the key assignments in these areas handled and being handled by Abhay amongst others, cover the following: –

• Advised a consortium of lenders led by Bank of Baroda in relation to debt restructuring of Reliance Commercial Finance Limited under the Reserve Bank of India’s Prudential Framework for Resolution of Stressed Assets Directions dated June 7, 2019;
• Advised a consortium of lenders led by Bank of Baroda in relation to debt restructuring of Reliance Home Finance Limited under the Reserve Bank of India’s Prudential Framework for Resolution of Stressed Assets Directions dated June 7, 2019;
• Advised a consortium of lenders led by Punjab National Bank in relation to the corporate insolvency resolution process of Splendid Metal Products Limited;
• Advising the resolution professional in relation the corporate insolvency resolution process of a company in the power sector;
• Advising a foreign resolution applicant in relation to the corporate insolvency resolution of VOVL Limited;
• Advising a listed Indian company for submission of resolution plan in relation to the corporate insolvency resolution process of a corporate debtor in the food sector;
• Advised AKA Ausfuhrkredit-Gesellschaft mbH in relation to an external commercial borrowing of EUR 17,937,600 availed by Chiripal Poly Films Limited;
• Advised Berliner Sparkasse in relation to an external commercial borrowing of EUR 5,012,773 availed by Aaquaries Global Industries Limited;
• Advised Consortium of lenders led by State Bank of India in relation to a rupee term loan of up to INR 18,904 crores availed by Numaligarh Refinery Limited for expanding the capacity of its existing refinery;
• Advised India Infradebt Limited in relation to a rupee term loan of aggregating up to INR 511 crores availed by: (i) Eden Solar Energy Gurgaon Private Limited; (ii) Eden Mumbai Solar Private Limited; (iii) Eden Solar Rajdhani Private Limited; and (iv) Eden Renewable Ranji Private Limited, for refinancing their existing indebtedness;
• Advised Nhava Sheva Business Park Private Limited in relation to a rupee term loan of up to INR 507 crores availed from Axis Bank Limited for setting up its free trade warehousing zone at Nhava Sheva Maharashtra;
• Advised Oldenburgische Landesbank Aktiengesellschaft in relation to external commercial borrowings availed by Dhunseri Poly Films Private Limited, Ester Filmtech Limited and LSKB Aluminium Private Limited; and
• Advised State Bank of India in relation to the financing of INR 438 crores to Welspun Road Infra Private Limited to be utilized for the purpose of highway project near Amravati, Maharashtra.