Srei bidders refuse to pay earnest deposit

Administrator Rajnish Sharma received two plans on Wednesday - one from Arena Investors in partnership with a Varde Partners affiliate and another joint offer from Shon Randhawa and Rajesh Viren Shah - but he pushed back the deadline to submit the final bids to August 19.

from Banking/Finance-Industry-Economic Times https://ift.tt/7EBV4Gj