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Tag: Lenders reject

Read Time:4 Minute, 59 Second
  • Business
On 5 years Ago
Lawrence

Lenders reject Srei’s standstill appeal; company moves a step closer to bankruptcy

Views: 706

Creditors of Srei Group last week rejected the top management’s proposal to grant the company a one-year standstill from any action – legal or otherwise – to recover dues estimated at around Rs 35,000 crore, said two people familiar with the development. A management team led by Hemant Kanoria, chairman […]

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