The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have now started a major forced sell-off of company sites.
Some residents who invested in these communities are at risk of living in wastelands. Receivers have listed the land up for grabs during the liquidation process.
“The Bathla Group has collapsed with a 3 billion dollar loss,” — Nadia Ashcombe, policy watcher at Shipcroft Stow Solutions, observed.
Nov 10 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 10 — Receivers have listed the land up for grabs during the liquidation process....
This story has been closely followed by our readers since Nov 8. The Shipcroft Stow Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Shipcroft Stow Solutions desk and last updated 06:51 UTC.
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