Srei Infra starts bankruptcy proceedings against Baring- and NSR-backed firm

By Maulik Vyas

  • 02 Aug 2017
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Credit: Thinkstock

Kolkata-based Srei Infrastructure Finance Ltd has approached the National Company Law Tribunal to start bankruptcy proceedings against an edible oil producer backed by private equity firms New Silk Route and Baring Asia Private Equity.The lender moved the tribunal’s Ahmedabad bench last month under the Insolvency and Bankruptcy Code against Madhya ......

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