NCLT Admits SBI’s Insolvency Resolution Plea Against Jyoti Structures – BloombergQuint
The total amount due to SBI stands at Rs 1,601 crore, the banks lawyer said during the proceedings at the tribunal. The company initially owed Rs 1,227 crore to the state-run lender, according to the working capital consortium agreement extended in March 2012. The loan was restructured in September 2014. Jyoti Structures is among the…