 "Reliance Naval")
The Naveen Jindal Group, APM Terminals of the Netherlands, and a consortium of GMS of Dubai and Besiktas Group of Turkey have submitted final bids for Reliance Naval and Engineering. The Committee of Creditors (CoC) will meet on Wednesday to evaluate the bids and select the highest bidder.
The former Anil Ambani group company was sent for debt resolution to the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016, after it failed to repay Rs 12,400 crore of debts. The company owns and operates a shipyard off the southern coast of Gujarat near Pipavav and
The former Anil Ambani group company was sent for debt resolution to the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016, after it failed to repay Rs 12,400 crore of debts. The company owns and operates a shipyard off the southern coast of Gujarat near Pipavav and
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