| Sr. No. |
Name of the Issuer Company ("IC") |
Default, if any, to pay interest or redemption amount |
Failure to create a charge on the assets
|
Revision of rating assigned to the debentures |
| 1 |
INCAB INDUSTRIES LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Calcutta High Court (being Suit No.128 of 2003); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |
| 2 |
INDU NISSAN OXO CHEMICAL INDUSTRIES LTD |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court (being Suit No. 3973 of 1999); Await Decree. |
No failure; Secured |
Not Applicable -Not Rated |
