Patanjali had pleaded with the NCLT to consider its offer late last month. Rolta is a defence focussed software company which was admitted to the bankruptcy process in January 2023. It owes a consortium of banks led by Union Bank of India (UBI) Rs 7100 crore and another Rs 6699 crore to unsecured foreign bond holders led by Citigroup, with total debt of close Rs 14,000 crore. Read The Rest at :
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