India: Bankruptcy proceedings against Monnet Ispat, Alok Industries get NCLT nod

India: Bankruptcy proceedings against Monnet Ispat, Alok Industries get NCLT nod

Sandeep Jajodia, chairman and managing director, Monnet Ispat and Industries. Monnet Ispat and Alok Industries are among the 12 large NPA accounts that RBI has identified for immediate bad loan resolution under the insolvency and bankruptcy code. Photo: HT

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