ABK Consultants Pvt. Ltd. is a Special Purpose Vehicle (SPV) promoted by the promoters of Max India Ltd. to raise an amount up to Rs. 600 crores by issue of Non-convertible Debentures against pledge of their unencumbered fully paid shares of Max India Ltd. The amount raised is proposed to be used to invest in other promoter group companies which shall use the proceeds for repayment of earlier debts and for general corporate purposes. The payment of interest and principal due to debenture holders will be made through a Payment Account charged in favour of a SEBI registered Debenture Trustee for the benefit of debenture holders. Any income receivable from pledged shares, the escrowed shares or any other charged assets will be remitted to the Payment Account maintained and operated by the appointed Debenture Trustee. Thus, a structured payment mechanism has been designed to fulfill the obligations to debenture holders.