Business Standard

Uniworth Creditors Raise Stink Over Working Capital

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Debjoy Sengupta BUSINESS STANDARD

Management denies anything is wrong

The creditors of Uniworth Ltd (UL) have alleged that the company diverted funds and has wilfully defaulted on its working capital loan obligation to banks.

They have also alleged that the company violated the Reserve Bank of India

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First Published: Apr 12 2003 | 12:00 AM IST

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