4 Gupta metal companies face winding up orders
- By Oliver Smith
- Enterprise reporter, BBC Information
Picture supply, Getty Pictures
Winding up petitions have been issued towards 4 corporations owned by metals tycoon Sanjeev Gupta.
Court docket data revealed one of many companies included Speciality Metal UK Restricted, a division of Liberty Metal, which employs about 2,000 individuals in England.
Three different companies, Liberty Pipes, Liberty Efficiency Steels and Liberty Service provider Bar, additionally had petitions towards them.
Court docket paperwork present the 4 corporations owe HM Income & Customs (HMRC) £26.3m.
Mr Gupta’s GFG Alliance, which owns the companies, was pressured right into a monetary