Suzlon Energy may head to NCLT

Troubled wind turbine maker Suzlon Energy may head to National Company Law Tribunal (NCLT) as lenders see no possibility of resolution, two people familiar with the matter told FE.

“There were two investors who showed interest in Suzlon, but both of them have backtracked. We have no option but to refer this account to NCLT”, a source added.

Read more

You may also like

Comments are closed.

More in Newspapers