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Fortis: Unaware of creditors thinking of moving NCLT, vendors' dues will be cleared soon

The healthcare provider also added that the unpaid vendors' bills have accumulated over normal course of business and will be "cleared as soon as possible" in an appropriate manner

June 08, 2018 / 10:28 IST
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Fortis Healthcare  | In the September quarter, Rakesh Junjhunwala held a 2.65 percent holding in the stock, and FIIs have increased its stake to 41.04 percent from 40.98 percent in the June quarter. In FY21 so far the stock price has risen 0 percent to Rs 125.70 as on October 26.

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Fortis Healthcare on Friday clarified that it was not aware of any creditors or vendors considering moving the National Company Law Tribunal (NCLT) to recover their dues, as reported by a daily.

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Mint reported that some of Fortis’s creditors are thinking of recovering their dues of Rs 2,500 crore by taking the troubled company to the bankruptcy court, citing unnamed people.

The healthcare provider's spokesperson told Moneycontrol that the unpaid vendors' bills have accumulated over normal course of business and will be "cleared as soon as possible" in an appropriate manner.