Business /
Published 18.02.20
Liberty House Group takes over Adhunik Metaliks
India-born British businessman Sanjiv Gupta’s Liberty House Group Plc has completed the acquisition of Adhunik Metaliks Ltd and its subsidiary Zion Steel by paying Rs 425 crore to the lenders under ...
By Our Special Correspondent in Calcutta
Business /
Published 03.01.19
Snag in Adhunik debt drill
Liberty House Group, the UK-based metal company, is ready with funds to pay for bankrupt Adhunik Metaliks Ltd and it can show a bank certificate to back the claim even as the lenders maintained their ...
By Sambit Saha in Calcutta
Business /
Published 24.01.19
Adhunik Metaliks lenders seek new buyer
Lenders to bankrupt steel maker Adhunik Metaliks have sought permission from the National Company Law Tribunal to negotiate with the second highest bidder, Maharashtra Seamless.Citing default in payme...
By Sambit Saha in Calcutta
Business /
Published 28.03.19
Liberty gets last call to clear Adhunik dues
Liberty House Group plans to meet the 30-day deadline, set by the appellate company tribunal, to cough up a Rs 410-crore upfront payment to the lenders of bankrupt steel maker Adhunik Metaliks Ltd.The...
By Sambit Saha in Calcutta
Business /
Published 14.04.19
Adhunik hopes dim for Liberty
Liberty House Group, the UK-based conglomerate led by Sanjeev Gupta, has failed to buy another stressed asset from India’s bankruptcy court within the stipulated time.The National Company Law Appell...
By Sambit Saha in Calcutta
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