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. agreement’ with more than 90 percent of its lenders under which they will not sell any of the shares pledged by promoters till September. Under the pact, the group will pay the principal and.
Asok K. Chaudhuri Principal. Asok is a principal of Heritage Capital Group and its sister company, Business Valuation, Inc. (BVI). His primary areas of expertise are M&A transactions in the U.S. and abroad, valuation, economic consulting, strategic planning, corporate turnaround, and.
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ICube and Kotak Group – have show initial interest. The lenders have relied on an order passed by the NCLT’s principal bench to argue for interpreting the IBC to allow for majority of the votes to.
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Under the pact, the group will pay the principal and interest amounts to the lenders as per the scheduled due dates, while it has also appointed investment bankers for part placement of the group’s.
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