GeeCee Ventures Limited — Others, 23-08-2025: Copy of Newspaper Publication

Canara Bank is invoking guarantee agreements against four individuals due to M/s Jewel Tech(I) Ltd's defaulted credit facilities. The corporate debtor's failure to repay loans led to the debt being classified as a Non-Performing Asset. The bank now demands these guarantors to repay Rs 439.47 Cr, plus 17.75% annual interest and associated costs, within 14 days. This action underscores Canara Bank's active pursuit of asset recovery, impacting its efforts to improve balance sheet quality.