A leading dairy products maker is headed for liquidation on the orders of the bankruptcy tribunal after the sole bidder failed to secure creditors’ approval. The New Delhi bench of the National Company Law Tribunal (NCLT) last week directed the liquidation of debt ridden Kwality Ltd after the Delhi based company’s ......
How a KKR-backed firm slipped into bankruptcy and liquidation
By Beena Parmar
- 18 Jan 2021