Suraksha ARC deal with Yes Bank under spotlight, ex-director flags fund routing
Suraksha Asset Reconstruction Company (ARC) is under scrutiny after a suspended director of Sapphire Land Development Pvt. Ltd. (SLDPL) accused it of fraud and regulatory violations in the company’s insolvency proceedings. The application, filed before the National Company Law Tribunal (NCLT) in Mumbai by former director Lakhminder Dayal Singh, alleged collusion between Suraksha ARC and…

