Khaitan & Co advised Consortium on Implementation of Resolution Plan for Hotel Horizon Private Limited
The India’s leading law firm Khaitan & Co advised the consortium of Oberoi Realty Limited, Shree Naman Developers Private Limited, and JM Financial Properties and Holdings Limited on the implementation of the NCLT-approved resolution plan and acquisition of Hotel Horizon Private Limited for a total consideration of INR 920 crores.
The transaction marks the successful implementation of a resolution plan under the insolvency framework, resulting in the acquisition of Hotel Horizon Private Limited by the consortium.
The core deal team at Khaitan & Co comprised Kumar Saurabh Singh (Partner), Harsh Parikh (Partner), Vishnu Shriram (Partner), Ashwij Ramaiah (Counsel), and Aaryan Mohan (Associate).
The litigation aspects were handled by Diwakar Maheshwari (Partner), Shreyas Edupuganti (Principal Associate), Pratiksha Mishra (Principal Associate), Srishti Kapoor (Senior Associate), and Aaria Parekh (Associate).
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