Promoters of Srei group, the Kanoria family has proposed to make full payment to lenders in a last-ditch attempt to regain control over the two bankrupt financial services firms that are in the last stage of debt resolution under corporate insolvency.
source https://economictimes.indiatimes.com/industry/banking/finance/kanorias-offer-full-payment-of-dues-to-regain-srei-control/articleshow/97808704.cms
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