The Maddhapara Granite Mining Company Ltd (MGMCL) finds itself in a dire financial situation as its sales continue to plummet throughout the current year.
Now, the lender is suing Bowen and associates, alleging default on the note and asking for a foreclosure sale. It filed a lawsuit in Multnomah County Circuit Court in November against Bowen, ...
More than 50% of this, Tk25,524 crore has already been classified as defaulted, while the remaining amount teeters on the brink of default, says the report ...