| 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 |
KARNATAKA BALL BEARINGS CORPN.LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court, (being Suit No. 446 of 1996) presently with DRT Mumbai (752 of 2001) and is being transferred to Karnataka High Court (being C.A. No.874 of 2004); |
Yes-Partially Secured |
Not Applicable -Not Rated |
