Jain Farm Fresh, which is in the business of food processing, has not made any payment to FreightCo India since November 2018. (Photographer: Taylor Weidman/Bloomberg)

Logistics Firm Freightco India Takes Jain Irrigation Arm To NCLT For Insolvency Proceedings

Freightco India Ltd. moved the National Company Law Tribunal to initiate insolvency proceedings against Jain Farm Fresh Foods Ltd.—a subsidiary of debt-laden Jain Irrigation Systems Ltd.—for not pa...

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