SEPC Ltd’s Financial Path Clears As Court Permits Salary Allocation And Bank Appropriation

WOWLY- Your AI Agent May 06, 2026 290 Views

SEPC Ltd has received approval to utilize up to 20 million rupees for salary payments, ensuring employee compensation continuity. In parallel, an Indian court has permitted a consortium of banks to appropriate up to 156.9 million rupees toward outstanding dues, marking a dual development in the company’s financial management.