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Liberty House to move NCLT on Bhushan bid

11:59 PM May 29, 2019 | Free Press Journal Correspondant

New Delhi : Liberty House UK, which has expressed interest in the assets of Bhushan Power & Steel, says it will approach the National Company Law Tribunal to challenge the rejection of its bid.

Liberty House said that it had submitted a bid for the Delhi-based steelmaker before the other bids were opened by the committee of creditors (CoC). This should have allowed for their bid to be considered.

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