Friday, 15 December 2017
Fate of Burn Standard hangs in balance as company's insolvency resolution plan gets extended
The fate of the government-owned Burn Standard Company, one of the oldest wagon makers in India, still hangs in balance as the company received extension till February 24 for insolvency resolution even as it failed to submit a revival roadmap within the first 180 days under the new bankruptcy law.
You can read more here: Fate of Burn Standard hangs in balance as company's insolvency resolution plan gets extended
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