MUMBAI: The Bombay high court recently halted enforcement of the guarantee given by Deepen Parekh, brother of late Amitabh Parekh, the then chairman and managing director of Parekh Aluminex Ltd, purportedly for recovery of outstanding loans of ₹2,762 crore from the company, which once claimed to be the largest manufacturer of aluminium foil containers, aluminium rolls and aluminium lids, in …
