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as on Sept 03, 2010
11-Jun-2010
Vishal to move Delhi High Court over restrictive asset sale order

Vishal Retail, which finally saw robust sales in the last two months, is planning to seek relief from the Delhi High Court from an order that was passed on May 11 on a petition filed by Vishal's Singapore-based creditor DBS Bank, which prohibits it from selling its assets before November 25. Vishal Retail is hopeful of making a sale of nearly Rs1,800cr this fiscal.

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