NCLT has approved the resolution plan by Piramal Group for DHFL, resulting in zero value for the shares of DHFL.

An appeal challenging NCLT Mumbai bench's order has been filed before the National Company Law Appellate Tribunal (NCLAT) and is scheduled ...

In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NC...

In November, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for i...

DHFL Pramerica Life, launched in 2008, is a joint venture between DHFL Investments, a wholly-owned arm of DHFL, and Prudential Internationa...

Banks have proposed a four-month programme to resolve the Dewan Housing Finance (DHFL) case, the biggest bankruptcy case in the financial s...

The move came in after the Reserve Bank last Friday made an application for bankruptcy proceedings to resolve the credit and liquidity cris...

Shares of the troubled firm fell 4.83 per cent to trade at Rs 19.70 on the BSE.

"There is proposal to amend the IBC to provide for such cases like cross border insolvency," the IBBI chief said.

First financial services company to go for bankruptcy resolution.

"Inclusion of NBFCs into the bankruptcy code is credit positive for banks"

IDFC First Bank's Non-Executive Chairman Rajiv Lall, ICICI Prudential Life Insurance's Managing Director and Chief Executive N S Kannan, an...

The deposit holders with overall exposure of Rs 6,000 crore are at risk of losing their savings.

DHFL is set to become the first NBFC to go for bankruptcy resolution.

A referral to the NCLT, which will happen after the RBI informs the government and a notification is issued, will help ease DHFL’s troubles...

The government notified the Insolvency and Bankruptcy Rules, 2019, to provide a generic framework for insolvency and liquidation proceeding...

In the case of DHFL, bankers want mutual funds on board to ensure that no entity takes a unilateral decision.