The Fox & Mandal Team represented the Promoter Group of Companies of Tega Industries, for Corporate Restructuring before the National Company Law Tribunal’s (NCLT), Kolkata Bench. The deal team in its endeavour, obtained approval of the adjudicating authority for the Composite Scheme of Arrangement arrived amongst Nihal Fiscal Services Private Limited, promoter of Tega Industries Limited, Marudhar Food & Credit Limited and MM Group Holdings Private Limited.
The Deal team was led by Mr. Debanjan Mandal, our Managing Partner, and comprised of Ms. Iram Hassan and Mr. Sanket Sarawgi.
You may read the article here: https://www.moneycontrol.com/news/business/stocks/tega-industries-gains-on-nclt-approval-for-corporate-restructuring-10798421.html