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Business News: Creditors to two SREI firms told to submit claims by Oct 22

Business News: Creditors to two SREI firms told to submit claims by Oct 22
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RBI files insolvency pleas against two Srei Group firms in NCLT

The RBI on Friday filed pleas before the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against two Srei Group firms. The Reserve Bank of India filed two separate petitions before the Kolkata-bench of NCLT against two non-banking financial companies-Srei Infrastructure Finance and Srei Equipment Finance. The matters were heard on Friday by a two-member ....

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