JM Financial ARC’s wait to recover money from bankrupt textile firm gets longer
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JM Financial ARC’s wait to recover money from bankrupt textile firm gets longer

By Beena Parmar

  • 24 Sep 2020
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JM Financial ARC’s wait to recover money from bankrupt textile firm gets longer
Credit: Thinkstock

JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt textile maker it put on the block last year after a court allowed the winning bidder more time to make the payments. The National Company Law Tribunal has given an additional ......

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