After a failed bid to sell the 17,000-square foot Kingfisher House in Mumbai for Rs 150 crore, lenders of debt-laden Kingfisher Airlines have moved to auctioning movable assets within the premises. Sources say that lenders led by SBI are looking to auction nine cars and office equipment for a reserve price of Rs 18.8 lakh and Rs 13.4 lakh, respectively. SCICaps is conduction the e-auction under rules prescribed by the SARFAESI Act.
06/04/16 Ritu Singh/CNBC-TV18
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06/04/16 Ritu Singh/CNBC-TV18
