The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm

By Beena Parmar

  • 24 Sep 2020
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Credit: 123RF.com

A chemicals manufacturer that’s part of The Chatterjee Group (TCG) has got a nod from the committee of creditors (CoC) for its offer on a once-iconic textile company made through the bankruptcy process. Kolkata-based MCPI Pvt Ltd, through wholly owned subsidiary MCPI Polyester, had bid for Mumbai-listed Garden Silk Mills Ltd, ......

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