NCLT poses tough questions to lenders and Siva Industries

NCLT Chennai bench today posed some really tough questions to the Resolution Professional, lenders committee and Siva Industries & Holdings while hearing the withdrawal application filed by Resolution Professional to settle the dues of banks and other lenders. 

NCLT poses tough questions to lenders and Siva
Questions are being raised against this withdrawal application as settlement amount proposed is meager 6.5% of the dues. Pixabay pic.

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