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ICICI moves NCLT to get dues from Mercator

ICICI Bank has moved the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against Mercator Limited for recovering dues. Mercator, once the second-largest private shipping company in India, owes over Rs 50 crore to the banking giant.

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ICICI moves NCLT to get dues from Mercator ICICI moves NCLT to get dues from Mercator Reviewed by Space encyclopaedia on February 10, 2020 Rating: 5

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