With the initiation of Insolvency laws the following companies have reached a dead end.
Bhushan Steel,
Bhushan Power,
Lanco Infratech,
Videocon,
Jaypee Group,
Essar,
ABG Shipyard,
Punj Lloyd,
Electrosteel Steels,
Aban Holdings,
Monnet Ispat, and
Era Group
Investors who dabble in penny stocks should avoid these as the end is near.
Planted stories about their takeover are all trash and one should not fall into the trap.
Smart Investor -
Equity Research
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