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TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law

By Beena Parmar

  • 09 Jun 2020
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TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
Credit: Thinkstock

A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at current exchange rate) under the Insolvency and Bankruptcy Code (IBC). Last month, Sri Adhikari Brothers Television Network Ltd’s resolution professional Vijendra Kumar Jain called for expressions of interest from buyers by ......

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