Moser Baer creditors move Delhi High Court
fe Bureau: New Delhi/Mumbai, Dec 18 2012, 00:48 IST
company. Central Bank of India and Bank of Hyderabad are among the lenders to the company.
In June, Yogesh Mathur, CFO, Moser Baer, had told FE: “In 2008-09 and 2009-10, we had bought back $61.5 million worth of bonds of a total outstanding of $150 million. As of now, therefore, we need to repay, at face value, an amount of $88.5 million.”
Previous Story Bail for Zee editors held on extortion charge Next Story ‘Unable to achieve much in life’, student kills self
Reader's Comments| Post a Comment
Be the first to comment.
