Mankind Pharma to absorb Bharat Serums’ business through voluntary liquidation

Mankind Pharma will take over the entire business of Bharat Serums and Vaccines Limited (BSVL) through a voluntary liquidation of the subsidiary rather than a court-sanctioned scheme of arrangement, disclosures reviewed by insolvencytracker.in show — an integration route that sidesteps the NCLT approval process that ordinarily governs group mergers. BSVL, which Mankind acquired for Rs…