| 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 |
LLOYDS FINANCE LTD. |
Yes, there are defaults - DT filed a Suit before Hon’ble Bombay High Court (being Suit No. 2209 of 2000) Await Decree;
|
No failure; Secured |
Not Applicable -Not Rated |
| 2 |
LLOYDS STEEL INDUSTRIES LTD. |
Yes, there are defaults - IC has made a reference in terms of the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (“SICA”). |
No failure; Secured |
Not Applicable -Not Rated |
