Two Lanco Infratech arms set to get new owners under IBC
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Two Lanco Infratech arms set to get new owners under IBC

By Beena Parmar

  • 08 Oct 2020
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Two Lanco Infratech arms set to get new owners under IBC
Credit: 123RF.com

Resolution plans for two subsidiary companies of Lanco Infratech are set to get approval from the bankruptcy tribunal. Lanco Thermal Power Ltd and Lanco Solar Energy Ltd were pushed into bankruptcy by Andhra Bank and Axis Bank in May and June last year, respectively. Last month, lenders approved the resolution plan by ......

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