[ad_1] Mumbai: Promoter of Mumbai-listed (hng) made ₹ 1,380 crore in . have proposed cash and through 10% equity Lenders Two people familiar with the developments told ET that the settlement was a last-ditch effort to get out of bankruptcy proceedings. People said the company has deposited Rs 110 crore with lenders to show its commitment to repay the loan. Kolkata-based HNG was admitted for insolvency proceedings at the behest of DBS Bank In October last year. HNG did not respond to ET’s mailed query. Promoter, Mukuli Offered settlement under…