Legal Question in Bankruptcy in India

state bank of india seazed the pharmaceutical unit under sarfaesi act 2002 now bank sale the raw material what he do

Asked on 10/22/12, 9:57 am

1 Answer from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

the bank will adjust the loan amount against the sale proceeds.

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Answered on 10/22/12, 10:16 am

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