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StanChart PE-backed Innoventive Industries challenges liquidation process

By Maulik Vyas

  • 16 Oct 2017
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StanChart PE-backed Innoventive Industries challenges liquidation process

Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National Company Law Tribunal (NCLT) challenging the liquidation process claiming the firm is willing to bring fresh investors on the board to revive its fortunes.“We are challenging the liquidation process because ......

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