EoI for Nicco assets slump sale fails to evince interest

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The Expression of Interest (EoI) floated for slump sale of assets Nicco Corporation which had been put under liquidation by the Kolkata bench of NCLT failed to evince any interest from bidders.
Liquidator for Nicco Corporation Vinod Kothari in an e-mailed response said "since the slump sale did not incite interest, the assets would now be sold on a piecemeal basis."
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First Published: Apr 07 2018 | 2:15 PM IST