Deccan Chronicle financial fraud case: Tribunal admits insolvency petition by Canara Bank – The News Minute
The CBI had earlier charged the DC group, for criminal conspiracy and causing wrongful loss of Rs 357.77 crore to Canara Bank. In a blow to Deccan Chronicle Holdings Ltd (DCHL), the National Company Law Tribunal (NCLT) in Hyderabad on Wednesday, reportedly admitted an insolvency petition filed by Canara Bank. Reporting that a company is…