Security trustees of pledged shares are not financial creditor under IBC: NCLAT
The National Company Appellate Tribunal (NCLAT) has dismissed a plea seeking to make the security trustee holding pledged shares of...
Day: August 25, 2020
PNB receives $3.25 mn from liquidation of Nirav Modi-owned Cos in US
Punjab National Bank (PNB) has received Rs 24.33 crore ($3.25 million) as proceeds from the liquidation of Nirav Modi-owned companies...
Bank loan frauds jump three times to Rs 1.82 lakh crore in 2019-20
Bank loan frauds have seen sharp jump in 2019-20 as the latest annual report (2019-20) of the Reserve Bank of...