Cyril Amarchand Mangaldas Advised And Represented Nazara Technologies On Resolution Plan For Smaaash Entertainment

Cyril Amarchand Mangaldas Advised And Represented Nazara Technologies On Resolution Plan For Smaaash Entertainment

Cyril Amarchand Mangaldas advised and represented Nazara Technologies Limited (“Nazara”) in connection with the submission and successful implementation of the resolution plan for Smaaash Entertainment Private Limited (“Smaaash”), which was undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

The resolution plan submitted by Nazara (“Resolution Plan”) was approved by the Mumbai bench of the National Company Law Tribunal (NCLT) by an order dated May 7, 2025, and was successfully implemented on June 6, 2025.

Cyril Amarchand Mangaldas advised Nazara on the drafting and negotiation of the Resolution Plan with the Committee of Creditors of Smaaash and represented the client before the NCLT throughout the entire process.

The transaction Cyril Amarchand Mangaldas team was led by Madhav Kanoria (Partner) and Surbhi Pareek (Partner), with support from Shivani Chaturvedi (Principal Associate) and Karthika Sanjay (Associate).

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