Viceroy Hotels checks into insolvency process at NCLT

Viceroy Hotels checks into insolvency process at NCLT
This was in response to a petition filed by asset reconstruction player — Asset Reconstruction Company (India) Ltd (ARCIL) — against the Prabhakar Reddypromoted Viceroy Hotels, which borrowed ?321 crore from lenders like Axis Bank, IDFC, Laxmi Vilas Bank, SBI and Canara Bank from 2007 to …
Source: Hospitality News

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