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Bankruptcy court orders liquidation of Reid & Taylor India
short by Shruti Maria Mahendar / on 06 Feb 2019,Wednesday
The National Company Law Tribunal (NCLT), has ordered the liquidation of textile maker Reid & Taylor India (RTIL). This comes after investors put up by the employees association and other bidders failed to come up with a viable revival plan for the company. RTIL owes over ₹4,100 crore to its lenders.
short by Shruti Maria Mahendar / 10:00 am on 06 Feb
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