Home Business Binani Ind moves SC amid Ultratech’s out-of-court offer for Binani Cement

Binani Ind moves SC amid Ultratech’s out-of-court offer for Binani Cement

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(G.N.S) Dt. 09 New Delhi Binani Cement is likely to move the Supreme Court on Monday to end insolvency proceedings against it. The company’s lenders have asked it obtain the necessary permission before consenting to an out-of-court settlement. The lenders met on Saturday. After the meeting some of them confirmed the meeting was held to consider the cement maker’s revised proposal to pay back the entire sum it owed, along

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