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LHC orders auction of sugar mills to repay bank loan

LAHORE: The Lahore High Court (LHC) on Tuesday ordered for completing auction of a property related to Haseeb Waqas Sugar Mills, owned by a cousin of former prime minister Nawaz Sharif, for payment of millions of rupees loan, borrowed from the Bank …Read more

LHC orders auction of Ittefaq Textile Mills on Dec 15 to repay loans

LAHORE The Lahore High Court LHC ordered on Monday the auction of Ittefaq Textile Mills owned by associates of the Sharif family to repay loans taken from private banks Hearing the Muslim Commercial Banks petition seeking the auction of mills for
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Maharashtra govt looks to revive at least 40 shuttered cooperative sugar mills

Mumbai The Maharashtra government is weighing a unique model to revive defunct cooperative sugar mills in debt and the repayment of loan has stopped the lender declares the factory as NPA which opens up the last option of auction of assets either
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My Name is Not Vijay Mallya And Im Only a Farmer

No less than 1615 farmers committed suicide in 2015 due to crop failure and inability to repay their bank loan He had planted sugarcane as well last year but was affected by a strike by workers of the Arignar Anna Sugar Mills due to which the
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The waiting game 24 years on lender awaits repayment

A person is still awaiting implementation of court orders for the Rs1704400 for the loan plus interest Tiwana recently filed an application for execution of the decrees Tiwana had lent Punjab Flour and General Mills Pvt Rs800000 in 1988
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cnbc tv18 interview with management 303 201 next

The government is likely to raise the levy price of sugar — the rate at which it buys the sweetener from mills bank allowed three more instruments including CPs CDs and NCDs of less than one year to qualify as collateral for undertaking repo auction
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Malawi ombud gets death threats after Tractorgate probe fingers state officials

It is alleged the sale was disguised as a routine auction of government equipment in the central district of Salima funded by a loan from the Export-Import Bank of India Exim Bank A sugar mill and irrigation scheme for small sugar cane producers
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