A cash settlement with former Gupta business associate’s Templar Capital and Liberty Coal has the backing of creditors, labour and business rescuers. A cash settlement with former Gupta business associates Templar Capital and Liberty Coal has the backing of creditors, labour and business rescue.
The business rescue practitioners of Optimum Coal appear to be pushing full steam ahead with commercial agreements that entrench a debt-to-equity takeover by a former Gupta business partner. This is despite the NPA’s applications for preservation orders relating to the assets pending before t.