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ROTOMAC PEN
Rotomac owner Vikram Kothari passes away in KanpurKothari, who owns the Dum Pan Masala, had started another company by launching Rotomac Pen in 1995. He was initially involved in the busine...- CBI charge-sheets Rotomac promotersA consortium of seven nationalised banks has given loans worth Rs 2,919 crore to Rotomac Global Pvt Limited from 2008 onwards, the CBI FIR ...
- Govt mulls action against bank officials involved in fraudsSources said some action should be taken against top officials of banks whose names have appeared in the investigative reports of probe age...
- Rotomac case: CBI quizzes 6 officials of Bank of BarodaThe agency had earlier arrested Rotomac Pens owner Vikram Kothari and his son Rahul in connection with the Rs. 3,695-crore loan default cas...
- CBI has quizzed six officials of Bank of Baroda in connection bank fraud involving Rotomac caseThe total outstanding amount, according to the agency, is approximately Rs 3695 crores. The agency had sealed the office and house of Vikra...
- NCLT orders liquidation for two Rotomac companiesThe committee of creditors has rejected the demand for an extension of 90 days to complete the insolvency resolution process.
- Lenders decline additional extension to Rotomac firmsRotomac Exports and Rotomac Global will now be auctioned by the bankruptcy court.
- Rotomac companies set to be shut nowRotomac Exports and Rotomac Global, firms promoted by banking-fraud accused Vikram Kothari, will now be auctioned by the bankruptcy court.
- Will Rotomac companies face liquidation?Bank of India, Bank of Baroda, Oriental Bank of Commerce, Allahabad Bank, Union Bank of India, and Bank of Maharashtra have jointly lent cl...
- Rotomac case: I-T files dozen fresh charge sheets; attaches 3 accountsThe Income Tax Department also attached three more bank accounts of the company as part of its latest action against it for alleged tax eva...
- CBI begins questioning of Rotomac owner Vikram KothariOne of the consortium members, Bank of Baroda had approached the CBI requesting an FIR against Kothari as the bank apparently feared he mig...
- From stationery czar to loan defaulter: The rise and fall of Rotomac boss Vikram KothariWhat seemed like an uninterrupted success story gave way to a contrary reality as Kothari finds himself accused of loan default worth thous...
- Rotomac scam: How Vikram Kothari used virtual offices, round-tripping to dupe banksRotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having an...
- With Rotomac in the eye of a storm, here's a look at owner Vikram Kothari's tempestuous journeyBeing hounded by sleuths for an alleged Rs 3,700-cr fraud, it appears unlikely that the words said about Kothari's "Fighter" brand will hol...
- Rotomac scam: Tax department attaches 11 bank accountsRotomac promoter Vikram Kothari is being investigated by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) for an ...
- CBI, ED initiate actions against Rotomac DirectorsVikram Kothari, his wife Sadhana Kothari and son Rahul Kothari — all directors — have been booked by the CBI on charges of cheating a conso...
- Rotomac loan default swells to Rs 3,695 crore, CBI files case against Vikram KothariEarlier, the loan default was estimated at over Rs 800 crore but scrutiny of documents by CBI revealed that the amount is much larger.
- BoB, Allahabad Bank, IOB sink up to 7% on Rotomac 'default'The Kanpur-based company’s owner had taken a loan of more than Rs 800 crore from over five state-owned banks.
- CBI files an FIR against Vikram Kothari: Live UpdatesAfter Rs 11,360 crore PNB scam , another ace businessman - Vikram Kothari from Kanpur -has been accused of defaulting on repayment of more ...
- Proprietary right over trade mark has to be protected: HCIn a significant order, the Delhi High Court has held that in the passing off action if the proprietary right over a trade mark was establi...
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