loan default

LOAN DEFAULT NEWS

‘Not my principle to pay interest’: Orissa High Court quotes Irish writer, slaps Rs 1 lakh fine on borrower in loan default case

February 19, 2026 4:10 pm

The petitioner failed to avail the benefit of the one-time settlement facility granted by the Odisha State Financial Corporation in 2013 despite a slew of intimations, the Orissa High Court noted.

RBI reveals top 100 wilful defaulters; 2,664 corporates owe Rs 1.96 lakh crore

December 23, 2024 9:03 am

The actual default and other liabilities claimed before the National Company Law Tribunal (NCLT) run into several thousands of crores by these companies.

Jaiprakash Associates reports Rs 3,946 crore loan default to banks

May 10, 2023 8:45 am

ICICI Bank filed an insolvency petition against the company almost five years ago. SBI has also moved the NCLT against JAL, claiming a total default of Rs 6,893 crore as on September 15, 2022.

DHFL-Yes Bank case: CBI searches premises of Mumbai realtors, Pune businessman

May 01, 2022 4:23 am

The CBI, sources said, is searching eight premises, including the residence and office of Shahid Balwa, Vinod Goenka and Avinash Bhosale.

Congress targets govt over Rs 22,842 cr loan default case: What took CBI 5 years to lodge FIR

February 14, 2022 7:36 am

BJP hits back: Loans to Gujarat-based ship-building firm given during UPA rule

Former Assam chief minister’s son granted bail in loan-default case

November 08, 2021 9:06 pm

“His lawyers have informed me that bail has been granted and he will be out in some time… We will have more information soon,” Debabrata Saikia, his elder brother and Leader Of Opposition in Assam Assembly, told indianexpress.com.

CBI books Gujarat based firm for Rs 82 crore loan default

June 19, 2018 9:45 pm

The company, which is into supply chain management of detergent raw materials and other chemicals, has defaulted on loans amounting to Rs 560 crore between 2016 and 2017 towards a consortium of eight banks, including Central Bank of India.

Trust head sentenced to one-year jail for loan default, gets bail

June 13, 2018 4:27 am

As per the petition, at the time of the complaint, the outstanding was Rs 22.22 crore, which was intimated to the accused. Following this, the accused had issued four cheques of Rs 82.11 lakh, Rs 25 lakh, Rs 25 lakh and Rs 23.91 lakh to Dena Bank for repaying his pending installments and the interest.

As loan default mounts, govt mulls new policy for seed funding

July 23, 2015 6:41 am

Total outstanding amount of loans in 2013-14 was over Rs 127 crore, average recovery a mere 2.65 per cent

HC holds father-son duo guilty of contempt of court,sends them to jail for six months

December 24, 2013 4:15 am

The two after having ‘defaulted’ on a loan not only ‘misbehaved’ with a lawyer,an officer of the court,but also ‘manhandled’ officers appointed by a lower court to prepare an inventory of the stock lying in the factory owned by the two contemnors

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