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The agreement shall remain valid till either party terminates it by giving advance written notice of three months to the other party for reasons to be furnished.Uttar Pradesh Financial Corporation (UPFC) has engaged MSTC as selling agents for selling assets owned by UPFC as well as the stressed assets of its finance assisted units, which have now become defaulting industrial concerns. MSTC will sell the assets through e-tender-cum-e-auction on MSTC s website. The agreement shall remain valid till either party terminates it by giving advance written notice of three months to the other party for reasons to be furnished. Recently, the media reported that the Union Cabinet will soon take a call on shutting down Scooter India. Subsequently, MSTC, will be tasked with the responsibility to sell the assets of Scooters India as well.

Uttar pradeshUnion cabinetUttar pradesh financial corporationScooters indiaCapital marketSouth african law8e auctionSteel plantsThe tenderஉத்தர் பிரதேஷ்தொழிற்சங்கம் மந்திரி சபைஉத்தர் பிரதேஷ் நிதி நிறுவனம்ஸ்கூட்டர்கள் இந்தியாமூலதனம் சந்தைஏ ஏலம்எஃகு செடிகள்