Firm Facilitates Max Healthcare’s Purchase of 64% Stake in Jaypee Healthcare, Including Debt Repayment to Financial Creditors
AZB & Partners acted on behalf of Max Healthcare Institute Limited in its recent acquisition of approximately 64% of the equity share capital of Jaypee Healthcare Limited (JHL), a company currently undergoing the corporate insolvency resolution process. The transaction also involved the full repayment of JHL’s outstanding debt to its financial creditors.
The transaction team was led by Senior Partner Niladri Maulik, with support from Senior Associates Rohit Dutta and Purvi Lhila, Associates Saksham Shrivastav and Jahnavi Srivastava.
The litigation team, which managed the insolvency and related legal matters, was led by Senior Partner Anindita Roy Chowdhury and Partner Vatsala Rai, along with Senior Associates Saurabh Batra and Associate Sushrut Garg.
The competition law team, advising on regulatory aspects, was led by Partner Hemangini Dadwal, supported by Associates Deepanshu Poddar and Palak Jagetia.
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