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Saturday 3 August 2019

Some Siddhartha loans may not burden family

A significant part of the personal borrowings between CCD founder VG Siddhartha and private financiers are said to have been collateral-free and unsecured which is why these transactions unlikely to devolve on his family. Experts believe his family would be liable only for any debt that they have co-guaranteed. His personal loans are said to be over Rs 3,500 cr.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KfjWxe

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