Searched for
RELIANCE CAPITAL BANKRUPTCY
SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Anil Ambani's Reliance Capital: A timeline of how a top financial co ended up bankruptAnil Ambani faced a five-year ban from SEBI and a Rs 25 crore fine over fund diversion at Reliance Home Finance. Once flourishing in 2007, ...
- RBI clears resolution plan for debt-ridden Reliance CapitalIIHL had emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auc...
- Lenders said to have approved Hinduja offer for Reliance Capital, could recover over Rs 10k-crLenders could recover more than ₹10,000 crore, or about 40% of verified claims, under the proposal from IndusInd International Holdings Ltd...
- Reliance Capital lenders to vote on Hinduja arm resolution plan from todayThe Hinduja Group entity, Indusind International Holdings Ltd. separately will also seek Reserve Bank of India consent for the plan asRBI's...
- RBI appoints Vikramaditya Singh Khichi in advisory panel of Reliance CapitalThe other two members of the advisory committee are Sanjeev Nautiyal (former DMD, State Bank of India) and Praveen P Kadle (former MD & CEO...
- Torrent Investment asks NCLT to quash fresh CoC's fresh auction round for Reliance CapitalIf this 'challenge mechanism' is accepted, there will be no finality and the CoC will announce a fresh round of auction every month increas...
- Lenders to meet on Tuesday to discuss bids for Reliance Capital's acquisitionIn an e-auction conducted under the Challenge Mechanism, Torrent had presented a resolution plan for Reliance Capital Ltd (RCL) with a net ...
- Recovery through IBC to get better as macros look up: RBIRBI argued that since significant value destruction may have already happened in stressed assets, a comparison of realised value with admit...
- Piramal Capital and Housing Finance withdraws insolvency proceedings against Reliance PowerThis follows an out-of-court settlement between both the companies over a Rs 526 crore loan default by Reliance Power and its subsidiary Re...
- Srei companies, RCap may get more resolution offersSrei Infrastructure Finance and Srei Equipment Finance (SEFL) generated a lot of interest among potential bidders after the administrator r...
- Advent drops plan to participate in Reliance Capital resolutionWith the exit of Advent, sources said, there will be only two players (Piramal and Zurich) left in the race, and both have been exploring t...
- Reliance Capital lenders divided over 'Challenge Mechanism'Instead, the sources said, the lenders recommended the 'Black Box' approach, which means that the modalities of the Challenge Mechanism wil...
- Suitors raise concerns over bidding process as Reliance Cap resolution enters final stageAccording to sources, the decision of the Committee of Creditors (CoC) to introduce a new clause 'Challenge Mechanism' in the bidding proce...
- Piramal Enterprises not eligible to buy Reliance Nippon Life due to Irdai restrictionPiramal Enterprises is one of the 54 prospective resolution applicants (PRAs) for Reliance Capital and its subsidiaries.
- Over 50 firms submit EOIs for Reliance Capital; stock hits 5% upper circuitAccording to sources, Adani Finserve, ICICI Lombard, Tata AIG, HDFC Ergo, and Nippon Life Insurance are among 54 firms that have expressed ...
- NCLT reserves order on RBI’s plea to commence insolvency against Reliance CapitalBefore that Ravi Kadam, senior advocate, appearing for the RBI informed the Mumbai bench of the National Company Law Tribunal (NCLT) that u...
- RBI begins insolvency proceedings against Reliance CapitalOn November 29, the Central Bank superseded the board of RCL and appointed former Bank of Maharashtra executive director Y Nageswar Rao as ...
- Oaktree Capital says India may be growth engine in 3-5 yearsIndia’s $210 billion pile of stressed assets and distressed borrowers have attracted global funds.
Load More
