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Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 crore - The Economic Times
Hindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven crore rupees for unpaid dues. This action follows Bira 91's founder stepping down amid financial challenges. Bira 91 has been out of production and faces significant debt. The company may face insolvency proceedings if dues are not settled promptly.
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