Thursday , October 21 2021

ABG Shipyard initiates liquidation process under IBC

ABG Shipyard has initiated liquidation process under the Insolvency and Bankruptcy Code. The company is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code (IBC, 2016) as per the National Company Law Tribunal (NCLT) orders.

ABG Shipyard is engaged in the business of carrying shipbuilding and ship repair business. The Company has emerged as the largest private sector shipbuilding yard in India with satisfied customer base all around the world.

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