In a public notice, the bank said AC Muthiah and Farouk Irani, promoter director of First Leasing Company of India, defaulted on Rs 508.40 crore plus other expenses as on August 27.source https://economictimes.indiatimes.com/industry/banking/finance/banking/ac-muthiah-declared-as-wilful-defaulter-by-idbi-bank/articleshow/77857532.cms
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