Former Sequoia Capital-backed glassmaker enters bankruptcy

By Beena Parmar

  • 27 Oct 2021
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Credit: Pixabay

Formerly backed by Sequoia Capital, glassmaker Hindusthan National Glass & Industries Limited (HNG) has entered bankruptcy on a plea by Singapore-based DBS Bank for a default of over Rs 5.5 crore.  Girish Sriram Juneja has been appointed as the interim resolution professional “for ascertaining the particulars of creditors and convening of ......

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