India: Bankruptcy proceedings filed against textiles maker SEL Manufacturing

Employees work inside a garment factory in Mumbai, India, June 1, 2016. REUTERS/Danish Siddiqui

SEL Manufacturing Co. Ltd, a textiles maker, has become the first company in the second list of corporate defaulters identified by the Reserve Bank of India against which bankruptcy proceedings have been filed, according to two people aware of the matter.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at