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IN RE ASHAPURA MINECHEM LTD.

Case No. 11-14668 (JMP).

In re: ASHAPURA MINECHEM LTD., Chapter 15, Debtor in a Foreign Proceeding.

United States Bankruptcy Court, S.D. New York.

November 22, 2011.

Attorney(s) appearing for the Case

BAKER & MCKENZIE, 1114 Avenue of the Americas, New York, NY 10036, By: Ira A. Reid (argued), Kathryn M. Ryan , Attorneys for Foreign Representative Ashapura Minechem Ltd.

EATON & VAN WINKLE LLP, 3 Park Avenue, New York, NY 10016-2078, By: Robert K. Gross (argued), Edward W. Floyd , Attorneys for Respondent Armada (Singapore) Pte Limited.

FREEHILL HOGAN & MAHER, LLP, 80 Pine Street, New York, NY 10005, By: Michael E. Unger (argued), Lawrence J. Kahn , Attorneys for Respondent Eitzen Bulk A/S.

NOT FOR PUBLICATION

BENCH DECISION GRANTING PETITION FOR RECOGNITION OF FOREIGN PROCEEDING1

JAMES M. PECK, Bankruptcy Judge.

The chapter 15 petition filed on October 4, 2011 by Chetan Shah ("Mr. Shah") in his capacity as foreign representative seeks recognition as a foreign main proceeding of an insolvency proceeding voluntarily commenced in India on May 31, 2011 by Ashapora Minechem Ltd. ("Ashapura"). Ashapura...

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