Canara Bank 2025 Recruitment Drive: Sales and Marketing Trainee Vacancies Now Open for Application

The National Company Law Tribunal (NCLT) has approved the Corporate Insolvency Resolution Process (CIRP) application filed by Canara Bank, citing the default of a debt payment exceeding Rs 1 crore.

The National Company Law Tribunal (NCLT) Cuttack Bench admitted an application filed by Canara Bank against S.S. Aluminium Private Limited for defaulting on a debt of over Rs. 15.88 crores. The application was filed under Section 7 of the Insolvency and Bankruptcy...