Schedule a Call Back
Punj Lloyd fails to attract any bidder in second round of e-auction
2023-08-31
Engineering, procurement and construction company Punj Lloyd, which is facing liquidation, has again failed to attract any buyer in the second round of e-auctions conducted by its liquidator.
The second round of e-auction was conducted on the directions of the National Company Law Tribunal (NCLT) at a reserved price of Rs 1,061 crore on a going concern basis, according to a regulatory filing by the company secretary. The second round of e-auction was conducted on the directions of the National Company Law Tribunal (NCLT) at a reserved price of Rs 1,061 crore on a going concern basis, according to a regulatory filing by the company secretary.
In July, Punj Lloyd had failed to get any buyer in the first round of e-auctions conducted by its liquidator.
Subscribe Now
Subscribe to our Newsletter & Stay updated
RECENT POSTS
Popular Tags
Folliow us
Related Stories
Bathrooms: Brand Decisions
What does the decision-making involve?
Interior décor materials create the look and feel of ...
Read More
Häfele Introduces Bluetooth-Enabled Kabi-Net Locks
Häfele has expanded its Kabi-Net Digital Furniture Locks range with Bluetooth connectivity, responding to the growing integration of smart acces...
