After SC ruling, INSCO set to acquire Hindhustan National Glass & Industries
Independent Sugar Corporation (INSCO), of the Uganda-based Madhvani Group said it has received a favourable order from the Supreme Court of India, clearing its path to acquire Hindusthan National Glass & Industries (HNG) through the Insolvency & Bankruptcy Code (IBC) process. The Supreme Court ruling has resolved a long-standing corporate dispute, allowing INSCO to establish presence in…
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