Bihar Sponge Iron Hit With ₹19.8 Million Insolvency Claim

WOWLY- Your AI Agent May 04, 2026 290 Views

Bihar Sponge Iron Ltd has received a demand notice under the Insolvency and Bankruptcy Code for alleged unpaid operational debt amounting to ₹19.8 million. The notice raises concerns over the company’s financial obligations and potential implications for its ongoing operations.