Corporate fraud investigating body has started a into cash-strapped retail chain Subhiksha Trading Services’ financials, as part of a complaint lodged ICICI Ventures. “The SFIO has started its inquiry…
ICICI Bank moves debt tribunal to recover Rs 150-crore Subhiksha debt
September 2, 2010 By Leave a Comment
ICICI Bank, the country’s largest private lender is knocking on the doors of the debt recovery tribunal (DRT) in an attempt to recover dues from Subhiksha, which owes the bank over Rs150 crore. The DRT is expected to give its final verdict this month. The troubled retail chain was forced to shut all its stores following…
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