SKS Power's losing bidders challenge lenders' decision

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Torrent Power and Vantage Point Asset Management have appealed against the decision to award bankrupt SKS Power Generation to Sarda Energy & Minerals, alleging bias in the evaluation process. Both companies are seeking the court's direction to reconsider their plans and provide another opportunity to offer better value.

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Mumbai , Maharashtra , India , Baroda , Gujarat , Prabhat Kumar , Ashish Rathi , Kishore Vemulapalli , Sarda Energy Minerals , Sarda Energy Mineral , Sarda Energy , Torrent Power , Vantage Point Asset Management , Delhi Based Jindal Power , State Bank , South Eastern Coalfields , Coal India , Sks Power , Bankruptcy , Nclt , Vantage Point , State Bank Of India , Bank Of Baroda , Sbi ,

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