Bihar Sponge Iron Files ₹38 Crore Cheque Bounce Case Against Vanraj Steels

Bihar Sponge Iron filed NI Act Section 138 complaint (Case No. 614 of 2026) before SDJM Chandil against Vanraj Steels and others for dishonour of cheques aggregating Rs 38 crore towards outstanding liability. Context: escalates recovery of ex-operator dues after February abandonment.