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Dispute Resolution

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NCLT approves Resolution Plan in the consolidated Group CIRP of Vivin Drugs & Pharmaceuticals Limited and Vivin Laboratories Private Limited

Submitted by kcoadmin on Fri, 08/21/2026 - 17:10

Khaitan & Co successfully represented HDFC Bank as the financial creditor and the Committee of Creditors on the consolidated Group CIRP of Vivin Drugs & Pharmaceuticals Ltd and Vivin Laboratories Pvt Ltd before the NCLT, Hyderabad Bench.

Hardy Exploration & Production (India) Inc. -Service tax refund claim before the Madras High Court.

Submitted by kcoadmin on Wed, 08/19/2026 - 14:03

Khaitan & Co advised Hardy Exploration & Production (India) Inc., an operator under a production sharing contract with ONGC, Tata Petrodyne Ltd, Hindustan Oil Exploration Company Ltd and the Government of India, in successfully defending a service tax refund claim before the Madras High Court.

KSE Electricals before the Singapore High Court on an international supply contract dispute with the Bangladesh Rural Electrification Board

Submitted by kcoadmin on Fri, 08/14/2026 - 12:44

Khaitan & Co represented KSE Electricals before the Singapore High Court on an international supply contract dispute with the Bangladesh Rural Electrification Board, involving an arbitral award of approximately USD 6.9 million, excluding interest and costs.

Cerberus Capital Management L.P. and some other investors - Issuance of NCDs by Eqyizen Investment Private Limited

Submitted by kcoadmin on Wed, 08/12/2026 - 11:43

Khaitan & Co advised Cerberus Capital Management L.P. and some other investors on their investment in a landmark transaction involving the Shapoorji Pallonji Group. The transaction included (i) the issuance of up to INR 21,350 crores of unrated, unlisted, secured, zero-coupon redeemable non-convertible debentures issued by Eqyizen Investment Pvt Ltd, a Shapoorji Pallonji Group company, and (ii) the issuance of senior, secured USD bonds aggregating to USD 650 million being issued by Mercury Finance Company.

Standex International Corporation’s Acquisition of the Amran/Narayan Group

Submitted by kcoadmin on Tue, 08/11/2026 - 14:27

Khaitan & Co advised the Amran/Narayan Group (including its founder shareholders and members and affiliates of the Shah family) on Standex International Corporation’s (NYSE: SXI) (“Standex”) landmark two-stage cross-border acquisition of Amran, LLC (operating as Amran Instrument Transformers) (“Amran”) and Narayan Powertech Pvt Limited (“Narayan”).