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Gujarat pharma firm to hit the rocks three years after bankruptcy

By Beena Parmar

  • 01 Mar 2021
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Gujarat pharma firm to hit the rocks three years after bankruptcy
Credit: 123RF.com

A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused an extension for the completion of a one-time settlement offer.  Last week, the court rejected the promoter Sandesara family’s extension plea in relation to Sterling Biotech Ltd.  The promoters, who face a ......

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