Lakshmi Vilas Bank referred Chennai-based Orchid Pharma to the National Company Law Tribunal for defaulting on repayments to the tune of Rs 50 crore. The company owes more than Rs 3,500 crore to a group of lenders led by the State Bank of India. It was on the Reserve Bank of India's second list ...
Read more: Aurobindo, Dr Reddy's Laboratories frontrunners to buy out bankrupt Orchid Pharma