About this document

MTNL vs. Canara Bank Arbitration Case by Kartik Solanki is a document available to read on EtoBox.

This document provides a summary of a court case between Mahanagar Telephone Nigam Ltd. (MTNL) and Canara Bank regarding bonds issued by MTNL. Key details include: 1) In 1992, MTNL issued bonds worth Rs. 200 crores to Can Fin but only received Rs. 50 crores as the remaining amount was not paid. MTNL did not fully service the bonds. 2) Canara Bank purchased Rs. 80 crores of the bonds from Can Fin but MTNL refused registration. 3) The case involved multiple court orders over years directing the parties t

Author

Kartik Solanki

Language

EN