Thursday, September 13, 2012

Forensic audit of Deccan Chargers owners accounts begins

.......The move is set to derail the proposal of DCHL to go in for corporate debt restructuring (CDR) of its outstanding loans with the bankers. DCHL's board has passed a resolution on asking the CDR cell to rejig its existing debt. "The board of directors of the company, at its meeting held on September 7, 2012, has passed a resolution to restructure the existing debt of company by an application to Corporate Debt Restructuring (CDR) cell under CDR mechanism as envisaged under the Reserve Bank of India guidelines,"..... 

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