Sugar co Bajaj Hindusthan out of IBC net

NCLT has allowed SBI to withdraw its insolvency petition against Bajaj Hindusthan Sugar after the lender said the company has cleared the overdues, or outstanding amount.Besides, SBI told NCLT that the company has assured that it will pay its dues in future. Bajaj Hindusthan Sugar owned over Rs 4,000 crore to lenders with SBI's...