(Times of India) - Surat: More than 15 diamond companies in Surat, Mumbai and Antwerp owned by the Gujarati diamantaires may lose crores of rupees following the Antwerp-based diamond company, Exelco NV seeking bankruptcy protection under Chapter 11 in the US court. As per the court filing documents accessed by TOI, the Antwerp-based Exelco NV, which also owns other diamond and jewellery firms in Antwerp and U.S, has filed for Chapter 11 for bankruptcy protection in the Delaware district court in the U.S on the estimated liabilities of $50 million to $100 million. The company has given the list of 99 creditors including banks, financial institutions, diamond and jewellery companies in India, Antwerp and Dubai. The company has listed the top 20 largest creditors, where the names of the 10 diamond companies owned by Indians are mentioned.
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