GVK group
- Hyderabad
Rs 18K crore loan default: NCLT declares GVK PIL bankrupt
Hyderabad: The National Company Law Tribunal (NCLT) in Hyderabad has declared GVK Power and Infrastructure Ltd (GVKPIL) bankrupt, initiating the Corporate Insolvency Resolution Process (CIRP). This comes after GVK Coal Developers (Singapore)…
- Telangana
Banks approach court as GVK Group fails to repay loan
Hyderabad: Six banks across the country have decided to initiate legal action against 9 companies of the GVK Group. The GVK Group failed to repay the debt of US $1 billion and…