, India

Tata Capital sues Deccan Chronicle over Rs 100 crore dues

Tata Capital sued debt-ridden Deccan Chronicle Holdings it's chairman T Venkattram Reddy at the Bombay High Court to recover 101 crore rupees in dues.

In response to the Tata Capital plea, the court today directed attachment of 6 bank accounts of Deccan Chronicle with ICICI Bank, Punjab National Bank, HDFC Bank and Canara Bank and permitted transactions only to the extent of 5 crore rupees. 

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