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Bombay High Court orders SIDBI VC-backed firm to repay loan to IL&FS Financial

By Maulik Vyas

  • 10 Nov 2017
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Bombay High Court orders SIDBI VC-backed firm to repay loan to IL&FS Financial
Credit: Thinkstock

The Bombay High Court has directed a contract farming company backed by SIDBI Venture Capital Ltd to pay Rs 48.43 crore (about $7.4 million) to non-banking financial company IL&FS Financial Services Ltd in a case related to non-payment of loans.In his order, Justice BP Colabawala has also asked Gujarat-based Champion ......

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