The Delhi bench of the National Company Law Tribunal (NCLT) has approved Patanjali Ayurved’s Rs 4,350-crore bid for the bankrupt edible oil maker Ruchi Soya. The tribunal said the approval is subject to the resolution professional bridging the gap in information and providing the exact source of funds for Rs 600 crore (the amount forms part of the bid) before the next hearing date on August 1.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/30WbsjY
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