Monday, December 12, 2022

Pristine Malwa gets court nod for resolution plan of CCD arm

Pristine Malwa proposed a ₹521-crore resolution plan, which includes payment to lenders, employees, and cash in the company. The offer equates to 30% recovery for verified creditors.

source https://economictimes.indiatimes.com/industry/banking/finance/pristine-malwa-gets-court-nod-for-resolution-plan-of-ccd-arm/articleshow/96180841.cms

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