Source: The Economic Times

LANCO Group: iLabs taken to NCLT for reneging on Lanco deal

Lenders to the defunct Lanco Group have taken Hyderabad-based iLabs Group to court, claiming that the company has refused to part with the 29% stake it holds in Lanco Anpara Thermal Power to the power plant's winning bidder, Megha Engineering & Infrastructures.

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
1.0-5.0K
Madhusudhan L Rao's photo - Executive Chairman of LANCO Group

Executive Chairman

Madhusudhan L Rao

CEO Approval Rating

82/100

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