Home Business Dalmia seeks CVC’s intervention in Binani cement bankruptcy proceedings

Dalmia seeks CVC’s intervention in Binani cement bankruptcy proceedings

By
Lucky Jain
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431
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(G.N.S) Dt. 10 Mumbai Dalmia Bharat has sought the Central Vigilance Commission’s (CVC) intervention in the Binani Cement bankruptcy proceedings, arguing that the lenders’ reported move to allow the promoters to seek an out-of court settlement for the debt-laden business violates CVC guidelines and circumvents the dedicated insolvency process. In

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