SBI takes possession of PC Jewellers Ltd promoters residential properties
In a notification, the lender cautioned the public not to deal with the property and that any dealings with the property would be subject to the charge of the bank for an amount of Rs 1,267 crore, as well as the amount outstanding to other secured creditors. Already, the State Bank of India has filed a case against PC Jewellers in the National Company Law Tribunal, or NCLT.