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Promoters willing to infuse funds into McNally Bharat: Srinivas Singh, managing director


Promoters willing to infuse funds into McNally Bharat: Srinivas Singh, managing director
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Synopsis
McNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companies has been difficult under the NCLT route. At least three such companies Lanco Infratech, Punj Lloyd and IVRCL have gone into liquidation after banks took them into insolvency proceedings.
Agencies
The
Khaitan family of Kolkata’s Williamson Magor group is willing to infuse funds into their construction company,
McNally Bharat Engineering, even as the company stares at potential bankruptcy after two lenders took it to the National Company Law Tribunal (NCLT), according to a top executive. ....

West Bengal , Srinivas Singh , Williamson Magor , Lanco Infratech , Mcleod Russel , Mcnally Bharat , National Company Law Tribunal , Canara Bank , Reserve Bank , Mcnally Bharat Engineering , Mcnally Bharat Engineering , Nally Bharat , Punj Lloyd , Eveready Industries , Williamson Magor Group , மேற்கு பெங்கல் , ஸ்ரீநிவாஸ் சிங் , லான்கோ இன்ப்றதேச் , மக்ல்ந்ட் ரஸ்ஸல் , ம்க்நல்லி பாரத் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , கனரா வங்கி , இருப்பு வங்கி , ம்க்நல்லி பாரத் பொறியியல் , நல்லி பாரத் பொறியியல் , நல்லி பாரத் ,