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Secretary of the Department of Financial Services, Vivek Joshi, asked banks to move forward in declaring defaults, so that companies can move towards the resolution process. ....
According to police, one of the accused persons had allegedly left a slip warning an employee of PC Jewellers that the next bullet would be fired on his chest. Officials had said the accused was a member of the Lawrence Bishnoi-Kala Jathedi gang. ....
In a notification, the lender cautioned the public not to deal with the property and that any dealings with the property would be subject to the charge of the bank for an amount of Rs 1,267 crore, as well as the amount outstanding to other secured creditors. Already, the State Bank of India has filed a case against PC Jewellers in the National Company Law Tribunal, or NCLT. ....
In a notification, the lender cautioned the public not to deal with the property and that any dealings with the property would be subject to the charge of the bank for an amount of Rs 1,267 crore, as well as the amount outstanding to other secured creditors. Already, the State Bank of India has filed a case against PC Jeweller in the National Company Law Tribunal, or NCLT. ....