Fresh bids to revive Super Bazar: SC
SC directed refund of Rs 65 crore deposited by Indian Potash Ltd as initial fund.
By PTI |
NEW DELHI: The Supreme Court on Thursday said there would be fresh bidding for the revival of Super Bazaar as the consortium of Indian Potash Ltd and Indian Labour Cooperative Society, which came forward to revamp the cooperative, had fallen apart.
A bench comprising Justice S H Kapadia and Justice B Sudershan Reddy directed the official liquidator -- Central Registrar of Cooperative Society -- to take steps for inviting fresh bids within four weeks.
The court also directed refund of Rs 65 crore deposited by Indian Potash Ltd as initial fund.
A bench comprising Justice S H Kapadia and Justice B Sudershan Reddy directed the official liquidator -- Central Registrar of Cooperative Society -- to take steps for inviting fresh bids within four weeks.
The court also directed refund of Rs 65 crore deposited by Indian Potash Ltd as initial fund.
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