Sandesara brothers News
Ahmad Patel is being questioned about his purported links with Vadodara-based Sterling Biotech pharmaceutical company promoters, the Sandesara brothers, and the alleged dealings of his family members with them.
The Sterling Group owned by the Sandesara family owes a total of Rs 15,600 crore to financial and operational creditors. While Sterling Biotech owes Rs 7,500 crore, Sterling SEZ owes Rs 8,100 crore.
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The case pertains to cheating and bank fraud caused by Sterling Biotech Ltd (SBL)/Sandesara Group and its main promoters Nitin Sandesara, Chetan Sandesara, and Deepti Sandesara along with others.
The Sterling Group owned by the Sandesara family owes a total of Rs 15,600 crore to financial and operational creditors. While Sterling Biotech owes Rs 7,500 crore, Sterling SEZ owes Rs 8,100 crore.
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