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Calcutta High Court Lifts Stay on Asset Sales of Eveready and McLeod Russel - (03 Dec 2019)

CIVIL

Calcutta High Court has lifted its temporary injunction on the sale of assets by group companies McLeod Russel and Eveready Industries. Eveready has been monetising land parcels and McLeod has been selling tea estates to pare their debts. It was also understood that Eveready was in talks with battery makers, including Duracell, to sell its battery business.

Tags : CALCUTTA HIGH COURT   EVEREADY  

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