TeleCanor Global’s Settlement Falls Apart: Loan Status Reverts Amid Financial Struggles

Unknown Apr 02, 2026 800 Views

TeleCanor Global Ltd. defaulted on the terms of its settlement agreement with Phoenix ARC, and thus the agreement was revoked and the loan reverted to its original position. The agreement, which was initially intended to settle payments, was to extinguish ₹2.25 crore of payments, but absence of f...