Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

NCLT admits SBI's Insolvency plea against Videocon Industries

Copy URL
Embed

The National Company Law Tribunal has on Wednesday admitted Videocon Industries under the Insolvency and Bankruptcy Code, and the debt-ridden firm is hopeful that its lenders will be able to recover up to 80% of the Rs 20,000 crore debt.

Join market mavens on 22 Nov to discuss how India can beat economic slowdown & reach $5 Trillion economy mark at ETMarkets Global Summit. Book your seats today
677views
Have something to say? Post your comment

Other useful Links


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service