The settlement terms are unknown but Peninsula Land will have to meet certain payment milestones as the withdrawal of the insolvency petition is conditional. Peninsula Land and ICICI Prudential did not respond to queries until press time.
source https://economictimes.indiatimes.com/industry/banking/finance/debenture-holders-reach-deal-withdraw-insolvency-plea-against-peninsula-land/articleshow/98131340.cms
No comments:
Post a Comment