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RELIANCE CAPITAL AUCTION
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- Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer for Reliance Capital in second auctionThe Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious gove...
- Reliance Capital resolution process completion deadline extended to July 16The 90 days deadline extension was necessitated as the lenders decided to hold a second round of auction on April 26 in order to maximise t...
- Reliance Capital lenders cancel today's auctionAccording to sources, the bidders who have confirmed their participation in the second round of auction are IndusInd International Holdings...
- Lenders postpone Reliance Capital auction to April 11Besides Torrent Investments and Hinduja entity IndusInd International Holdings, Oaktree Capital have shown interest in participating in the...
- Reliance Capital lenders plan auction on April 4The administrator is proposing to hold an auction amidst stiff resistance from Torrent Investments- one of the bidders for the Anil Ambani-...
- NCLT delays fresh auction for Reliance CapitalThe tribunal, led by Justice Shyam Babu Gautam and Justice Pradeep Narhari Deshmukh, extended the date of the 'challenge mechanism' to Janu...
- NCLT to hear Torrent's plea against Reliance Capital auctionOn Monday, senior advocate Ravi Kadam, appearing for Reliance Capital administrator Nageswara Rao Y, sought a day's time to file his respon...
- NCLT to hear case on Reliance Capital's 2nd auction on January 16 amid Torrent's protestThe matter was adjourned since the Hinduja group entity, another bidder in the fray and the committee of creditors sought additional time t...
- Torrent Group emerges highest bidder in phase 1 of Reliance Capital auctionReliance Capital is the third large NBFC against which RBI has initiated bankruptcy proceedings under the Insolvency and Bankruptcy Code (I...
- Oaktree may exit from Reliance Capital resolution processAs per the National Company Law Tribunal (NCLT) order, lenders have to complete the resolution process of Reliance Capital by January 31, 2...
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