The recently elected Srinagar’s Deputy Mayor, Sheikh Imran, is a major defaulter of Jammu and Kashmir Bank as he owes over Rs 125 crore to the bank. He has been issued a recovery notice and threatened of being declared as willful defaulter. The Jammu and Kashmir Bank issued recovery notice (Ref: No. JKB/ ZOKC/ IAPM/ SRFS/ 2018-1929 dated 31-10-2018) to Chairman of Kehwah Group of Industries, Sheikh Imran son of Sheikh Mushtaq of Ishber Nishat after he failed to honour full and final settlement of 23 accounts of the group…
Read MoreRs 125 cr recovery notice from J&K Bank to Sheikh Imran Srinagar’s Dy Mayor
