KKR drags Mantri Developers to NCLT over ₹145-crore dues - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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KKR drags Mantri Developers to NCLT over ₹145-crore dues

The US PE firm's real estate lending arm, KKR India Asset Finance, has filed an application with NCLT to start insolvency proceedings against Mantri Developers alleging non-payment of dues by the company. KKR India Asset Finance had offered funding to Mantri Developers in 2016 for one of its residential projects.

from Industry-Economic Times
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