Tag: Reid and Taylor

Reid and Taylor terminates over 1,400 employees
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Reid and Taylor terminates over 1,400 employees

May 20, 2020

Nanjangud: Reid and Taylor factory at Tandavapura near Nanjangud has terminated the services of 1,400 of its employees as part of liquidation. All revival options have failed and after many hearings in the National Company Law Appellate Tribunal (NCLAT), the debt-hit fashion major has been liquidated. Ravi Shankar Devarakonda, who was appointed as liquidator as…

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