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The tribunal allowed an application filed by IndusInd Bank which claimed the company had an outstanding debt of ₹67.3 crores and appointed Shailendra Ajmera as IRP. ....
Last week, the bankruptcy court passed an oral order in which it admitted the unlisted company for insolvency based on a petition filed by IndusInd Bank. Till now, there has been no official statement by the Coffee Day Group. ....