Rajani Associates advises Jayesh Sanghrajka, RP of Darshan Developers on CIRP

Rajani Associates has acted for Jayesh Sanghrajka, Resolution Professional of Darshan Developers Private Limited and 10 other consolidated corporate debtors.

Darshan Developers Private Limited along with 10 other consolidated corporate debtors (namely, Immediate Real Estate Private Limited, Manpreet Developers Private Limited, Wamika Real Estate Private Limited, Prithvi Residency Private Limited, Tenacity Real Estate Private Limited, Ghardwar Real Estate Private Limited, Fulgent Real Estate Private Limited, Suvarat Real Estate Developers Private Limited, Vyomakara Real Estate Private Limited, and Azinova Constructions Private Limited), entered into corporate insolvency resolution process on April 10, 2023 under the provisions of the Insolvency and Bankruptcy Code, 2016.

Rajani Associates advised in the entire CIRP of the Consolidated Corporate Debtors. In addition, the Firm also provided continuous strategic guidance and represented Jayesh Sanghrajka (and continue to represent) in numerous related litigation matters before the National Company Law Tribunal ("NCLT") and High Court of Bombay.

The RA team consisted of Ashish Parwani (Senior Partner), Devesh Juvekar (Senior Partner), Rajeev Nair (Partner), Dikshat Mehra (Associate Partner) and Ishita Raghav (Associate).

Gitika Makhija (Senior Associate), S Shivganesh (Senior Associate), Honey Chandnani (Associate) provided assistance.

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