India: Creditors seek rebids for Monnet Ispat, Jyoti Structures, citing new evaluation criteria

India: Creditors seek rebids for Monnet Ispat, Jyoti Structures, citing new evaluation criteria

Photo: Reuters

Creditors of Monnet Ispat and Energy Ltd and Jyoti Structures Ltd have called for fresh bids from potential suitors of the two companies which are in bankruptcy court, citing new criteria to assess bidders, two people with direct knowledge of the development said.

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