NCLT disposes insolvency plea against Gannon Dunkerley citing settlement talk - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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NCLT disposes insolvency plea against Gannon Dunkerley citing settlement talk

The insolvency petition had been filed by Canara Bank, after Gannon Dunkerley defaulted on dues of more than Rs 43.26 crore. Subsequently, the company approached the consortium of eight lenders, led by State Bank of India, with the settlement proposal.

from Industry-Economic Times
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