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Dhir and Dhir Associates advises Jyoti Limited

Dhir and Dhir Associates advises Jyoti Limited

Dhir & Dhir Associates has advised and worked with the company in distress for filing reference before the insolvency court, advising them in the joint lenders meetings and is also providing consultancy/ advisory in the matter of restructuring of its liabilities towards it creditors – both secured and unsecured.

To enable the company to safeguard its asset and business while shoring up its capacity to repay its restructured debt under the CDR package, the firm is advising the Company to facilitate its early revival under the aegis of BIFR, while at the same time countering the recovery proceedings and other measures initiated by its secured lenders.

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