HomeNewsBusinessCompaniesUSL says it may have to file under Sick Industrial Cos Act

USL says it may have to file under Sick Industrial Cos Act

Foe USL, significant clean up of accounts was done this year -- is this balance sheet clean over or is there more to go? Sajeet Manghat and Sonia Shenoy join us to discuss this.

September 04, 2014 / 15:47 IST
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United Spirits trades under pressure after the company says they are required to file under the Sick Industrial Companies Act as their net worth has eroded by 52 percent due to accumulated losses. Significant clean up of the accounts was done this year -- is this balance sheet clean over or is there more to go? Sajeet Manghat and Sonia Shenoy join us to discuss this.

first published: Sep 4, 2014 03:37 pm

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