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NCDC takes possession of kantha sugar properties over loan default: Media report - ChiniMandi
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NCDC takes possession of kantha sugar properties over loan default: Media report - ChiniMandi
Surat: The National Cooperative Development Corporation (NCDC) has taken control of properties belonging to Kantha Sugar after the sugar mill failed to repay dues of Rs. 49.40 crore. The corporation is expected to auction these properties soon to recover the loan amount, reported DeshGujarat. Kantha Sugar is currently under the management of a government-appointed custodian. The Gujarat government had earlier provided Rs 30 crore in financial ai…
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