When Sanjeev Gupta left Ludhiana, Punjab, in the early 1980s to study in the United Kingdom as an 11-year-old, not many would have bet that he would return three decades later to emerge as the biggest saviour of multiple Indian companies facing insolvency proceedings in Indian courts.
Today, 46-year old Gupta-owned Liberty House, is a strong contender to take over auto parts maker, Amtek Auto, ship maker ABG Shipyard, and steel companies - Bhushan Power and Steel and Adhunik Metals.
While litigation in these insolvency cases will take some time for resolution and one can expect more surprises on the way,