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eClerx gets payment from buyer of troubled US client
New Delhi, Oct 6 (UNI) Knowledge process outsourcing firm eClerx Services Ltd today said it has received 5,61,340.33 dollars as full and final settlement from the buyer of one of its clients, which had filed for Chapter-11 bankruptcy in New York.
The payment was against the receivables of around one million dollars and eClerx continued to work with its old client as well as the acquirer to determine future business prospects from the combined entity, the company said.
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Story first published: Monday, October 6, 2008, 21:02 [IST]