Marshes commercial bank has filed a petition in High Court against Minister Sujana Chowdary, Petitioner Marshes commercial bank complained that Mr Sujana Chowdary’s 100% subsidiary firm M/s. Hestia Holding Ltd has taken Rs 92 crores loan between Feb-June 2012, Sujana Universal is the guarantor for this loan, now the Marshes commercial bank realized that company is defaulted and not paying loan payments.
Marshes commercial bank has approached
the Hyderabad high court with a petition seeking liquidation of Sujana Company.
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