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Economy

Why Videocon was admitted in NCLT

Updated : June 14, 2018 10:53 AM IST

In February, Videocon Industries has approached the Bombay High Court asking for a stay on bankruptcy proceedings initiated by SBI at the NCLT.
Videocon’s gross borrowing stands at over Rs 47,000 crore, as on March 31, 2016, according to a report by Credit Suisse.
Why Videocon was admitted in NCLT

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