Coffee Day Global Faces Bankruptcy Proceedings: Reports

Priya
Priya
News Editor

Cafe Coffee Day (CCD), renowned for spearheading India’s cafe culture, has faced significant challenges in recent years. Coffee Day Global, the operator of CCD chain, is currently confronting a bankruptcy case at the National Company Law Tribunal (NCLT). IndusInd Bank filed the petition, as reported by the Economic Times. The situation marks a notable downturn for the once-thriving cafe chain, drawing attention to its financial woes in the current market.

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