News and developments

Argus Partners represents Standard Chartered Bank before NCLT, Mumbai in the insolvency and liquidation proceedings of Prag Distillery.

The NCLT decision is consequent to the settlement of outstanding dues of Standard Chartered Bank (“SCB”) by Tilaknagar Industries. We are pleased to share that Argus Partners had advised and represented SCB during the insolvency and liquidation process before the NCLT. The Firm had also handled the settlement process with Tilaknagar Industries to recover SCB’s outstanding dues against Prag Distillery. The Argus Team consisted of Murtaza Kachwalla (Partner) and Aashdin Chivalwala (Principal Associate). Read more at: BWLegalWorld