Andhra Bank files insolvency proceedings against Sterling Biotech

Andhra Bank files insolvency proceedings against Sterling Biotech

Mumbai: Andhra Bank has approached the National Company Law Tribunal (NCLT) against Gujarat-based pharmaceutical firm Sterling Biotech Ltd to recover about Rs5,400 crore.

On Friday, Shyam Kapadia, representing the joint lender forum (JLF) led by…
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Source: https://www.livemint.com/Industry/3z6KHyKNgE817mNw5AQ3jI/Andhra-Bank-files-insolvency-proceedings-against-Sterling-Bi.html