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Patanjali objects to Adani's eligibility to bid for Ruchi Soya

Updated : June 23, 2018 04:24 PM IST

It is learnt that in the letter Patanjali Ayurved had raised issues under section 29 A of the Insolvency and Bankruptcy Code (IBC).
Ruchi Soya was admitted to the CIRP in December 2017.
Financial creditors have filed claims worth around Rs 104 billion, while operational creditors have filed claims worth Rs 360 million.
Patanjali objects to Adani's eligibility to bid for Ruchi Soya

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