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Cox & Kings defaults on payments of Rs 150 crore

Updated : June 27, 2019 09:42 PM IST

Cox & Kings said it would meet its financial obligations "through a combination of internal accruals and monetisation of assets".
The company was required to pay Rs 200 crore, however Cox & Kings was able to pay only Rs 50 and defaulted on Rs 150 crore.
Cox & Kings defaults on payments of Rs 150 crore
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