A bulk of the one-time settlement money was to come from Calcutta's Carbon Resources, which was willing to buy 15 gardens in Assam capable of producing 18 million kg tea annually. However, banks failed to reach a consensus among themselves and the validity of the offer lapsed on September 30
The Khaitan family, promoters of bulk tea producer McLeod, has been in discussion with banks for quite some time but a resolution remains elusive so far