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Diksha Greens Ltd is engaged in the trading of wooden logs and manufactures sawn timber and veneer timberBusiness Overview: The company is currently engaged in the trading and distribution of a wide range of commodities and materials. Its products are supplied to retailers in Kolkata and adjacent territories
The National Company Law Tribunal has admitted Punjab and Sind Bank's insolvency plea against Diksha Greens Limited, initiating the Corporate Insolvency Resolution Process (CIRP). The bank had extended credit facilities of ₹22.45 Cr, which the company defaulted on, leading to outstanding dues of ₹46.91 Cr by September 2024. Despite the...