Corporate DisclosureSONARGAON
SONARGAON Corporate Disclosure — 26 November 2019
Announcement summary
- What happened
- SONARGAON published a corporate disclosure on 26 November 2019. Read the full announcement for details.
- Company
- Sonargaon Textiles Ltd.
- Announcement published
Original announcement
(Continuation news of SONARGAON): financial position equals Tk. 29,16,78,689. However, the bank has made a suit through ?Artha Rin Adalat? vide suit no. 7 of 2017 with suit value 34,62,91,000. The company is currently contesting this claim in the courts. The loan balance presented in the statement of financial position represent the original principle amount due plus accrued interest calculated as per the original interest and not the interest rate claimed by the bank. Due to the ongoing litigation(cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b00004005812d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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