Firm Matters
BackKhaitan & Co acted as legal advisors to True North Credit Opportunities Fund I in relation to its investment in unlisted, secured, redeemable non-convertible debentures (NCDs) aggregating to INR 360 Crores issued by Innova Rubbers Pvt Ltd and Vee Tee Auto Manufacturing Company Pvt Ltd (Issuers). The proceeds from the issuance of Non-Convertible Debentures (NCDs) were utilised by the Issuers to strengthen promoter control and aligning the structure for future growth of the Issuers.
Deal Team
The core team consisted of Rolwine Alva (Partner), Savni Tewari (Counsel), Sarika Jhanwar (Senior Associate), Yash Bhatt (Associate), Kartikey G (Associate) and Vidisha Tanna (Associate).
