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ABCL offers to clear Rs 9 cr of Prasar Bharti dues

09-November-2000
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ABCL offers to clear Rs 9 cr of Prasar Bharti dues

The Amitabh Bachchan Corporation Ltd (ABCL) has proposed to immediately pay 50 per cent of Doordarshan's dues totalling Rs 18 crore to Prasar Bharti. ABCL, now known as AB Corp, was referred to the Board for Industrial and Financial Reconstruction (BIFR) as a sick unit following its default in meeting various financial obligations to the investors as well as the public.

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