C&M successfully represented the Resolution Professional in the Corporate Insolvency Resolution Process of Sterling Healthcare Limited.

Chandhiok & Mahajan successfully represented the Resolution Professional in the Corporate Insolvency Resolution Process of Sterling Healthcare Limited.

Our team Karan Vir Khosla, Rushab Chopra, Siddhesh Rajput and Shloka Dikshit led by Partner Mr. Himanshu Vidhani, appeared before the National Company Law Tribunal, Mumbai in a challenge to the plan-approval application filed by the owner of a parcel of land.

After detailed hearings and submissions, the NCLT held that questions relating to rights over the leased land fall outside the jurisdiction of the insolvency forum and cannot be decided in CIRP proceedings, dismissed the objection, and approved the Resolution Plan.