NCLT dismisses plea seeking insolvency proceedings against Religare Enterprises financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Ligare Aviation has approached NCLT against Religare Enterprises, which is a corporate guarantor of the principal borrower Auriga Marketing Services, which had defaulted to make a payment of Rs 35.55 crore. Along with 14.25 per cent interest, the amount totalled to Rs 74.20 crore as on January 27, 2023.