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Lanco Group’s third arm to be dissolved through liquidation

By Beena Parmar

  • 13 Jul 2021
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Lanco Group’s third arm to be dissolved through liquidation
Credit: 123RF.com

Hyderabad-based Lanco Group’s third subsidiary which runs a thermal power plant has been ordered for liquidation by the bankruptcy tribunal.  Lanco Vidarbha Thermal Power Ltd, which has a debt of over Rs 6,700 crore, was unable to find a suitor under the bankruptcy process that has been going on since October ......

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