Tuesday, February 21, 2023

Debenture holders reach deal, withdraw insolvency plea against Peninsula Land

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