DHFL: Possible merger, delisting — what next? A look at fresh developments amid rising speculationThe resolution plan for DHFL was approved by the RBI in February, and by Competition Commission of India (CCI) in April. Piramal’s offer go...
DHFL shares may get delisted after acquisition by PiramalShares of DHFL closed nearly 10 per cent higher at Rs 20.80 on the BSE on Monday.
DHFL lenders challenge NCLT order on considering Wadhawan's offerAn appeal challenging NCLT Mumbai bench's order has been filed before the National Company Law Appellate Tribunal (NCLAT) and is scheduled ...
DHFL resolution: Company receives no objection from RBI, files application with NCLTIn November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NC...
Piramal receives RBI nod for DHFL takeover, NCLT approval nextThis approval suggested that the successful bidder of the company qualified for the central bank’s “fit and proper” criteria to own the hou...
NCLT reserves its order on Wadhawan’s plea to be part of CoC of DHFLDheeraj Wadhawan, one of the directors and promoter of DHFL has approached the tribunal with the arguments that they be allowed to be part ...
DHFL set to resume lending in next few weeksResumption of normal business operations, albeit on a smaller scale, is aimed at strengthening DHFL’s credentials as a ‘going concern’ and ...
DHFL administrators get Rs 1.2 lakh crore claimsWhen the tribunal admitted the RBI’s plea, DHFL owed over Rs 83,800 crore to banks, the National Housing Board (NHB) , mutual funds and bon...
For DHFL, RBI appoints EY administrator advisor and AZB legal advisorDHFL is in the process of finding a resolution after a recent proposal of lenders was rejected by the RBI. ET was first to report on Octobe...
Reserve Bank sends DHFL to NCLT for debt resolutionFirst financial services company to go for bankruptcy resolution.
Apollo Cap, Cerberus too eye DHFL stakeThe DHFL promoters have approached the RBI to repay depositors in full.
DHFL postpones release of financial resultsDHFL was scheduled to announce its financial result on November 25.
RBI takes control of DHFL board over governance issuesDHFL has become the first nonbank lender to be sent to the NCLT under the Insolvency and Bankruptcy Code (IBC).
Lenders may ask RBI to refer DHFL to insolvencyA referral to the NCLT, which will happen after the RBI informs the government and a notification is issued, will help ease DHFL’s troubles...
DHFL exposure: RBI rejects banks’ ‘Trust’ proposalRBI declines the proposal by banks to grant relief from provisioning for the troubled mortgage lender.
Plan to turn part of DHFL debt into equityParticipation of mutual funds, which hold bonds issued by DHFL, is key to any resolution plan.
DHFL cuts home loan rate by 0.2 per cent