Bombay HC allows DHFL’s plea to discharge its name from the CBI investigationThe Bombay High Court has allowed the petition filed by Dewan Housing Finance Ltd (DHFL) to discharge its name and drop proceedings against...
17 Nov, 2021, 05.41 PM IST
ED attaches assets of DHFL's WadhawansThe assets attached on Tuesday are in the form of investments made by the brothers through WGC-UK in UK-based companies, the agency said in...
29 Sep, 2021, 06.38 AM IST
DHFL-UPPCL fraud case: ED provisionally attaches assets worth Rs 578 croresEarlier in June, Piramal Capital and Housing Finance Ltd received a bankruptcy court’s approval to acquire DHFL for Rs.37,250 crore, but wi...
28 Sep, 2021, 04.44 PM IST
Kapil Wadhawan opposes DHFL’s plea to discharge company from caseOn Monday, Wadhawan, through his lawyers, argued in the Bombay High Court that the scheme mentioned in the Insolvency and Bankruptcy Code (...
27 Sep, 2021, 09.55 PM IST
DHFL approaches Bombay HC to discharge name from CBI prosecutionThe company has challenged a special Central Bureau of Investigation (CBI) court order of August 20, which had given partial relief by disc...
23 Sep, 2021, 10.07 PM IST
IBC review likely to keep promoters outThe government will examine the Insolvency and Bankruptcy Code (IBC) to stop defaulting promoters from wresting back control of companies b...
04 Jun, 2021, 07.45 AM IST
DHFL Case: Grant Thornton report flags fraudulent transactions of Rs 1,058 croreThe company, which is now being run under an administrator, had engaged Grant Thornton earlier this year to conduct an investigation into t...
14 Dec, 2020, 06.37 AM IST
DHFL bankruptcy: Irdai rules out troubles for two insurance arms; asks insurers to write off exposureDHFL Pramerica Life, launched in 2008, is a joint venture between DHFL Investments, a wholly-owned arm of DHFL, and Prudential Internationa...
06 Dec, 2019, 06.49 PM IST
DHFL promoters gave personal guarantees to Rs 80,000-crore loansA DHFL spokesperson declined comment on the guarantees given by the promoters.
04 Dec, 2019, 11.13 AM IST
DHFL promoters gave personal guarantees to Rs. 80,000-cr LoansDHFL became the first financial services company on Monday to be admitted to the bankruptcy courts after the rules were changed last month....
04 Dec, 2019, 07.33 AM IST
Lenders meet RBI, mull 4-month programme to resolve DHFL CaseBanks have proposed a four-month programme to resolve the Dewan Housing Finance (DHFL) case, the biggest bankruptcy case in the financial s...
04 Dec, 2019, 07.30 AM IST
Work is on to amend IBC to address cross-border insolvency: M S Sahoo"There is proposal to amend the IBC to provide for such cases like cross border insolvency," the IBBI chief said.
30 Nov, 2019, 10.29 PM IST
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).
21 Nov, 2019, 09.55 AM IST
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...
20 Nov, 2019, 07.40 AM IST
DHFL stares at insolvency proceedingsThe government notified the Insolvency and Bankruptcy Rules, 2019, to provide a generic framework for insolvency and liquidation proceeding...
18 Nov, 2019, 08.30 AM IST
DHFL stares at insolvency proceedingsIn the case of DHFL, bankers want mutual funds on board to ensure that no entity takes a unilateral decision.
18 Nov, 2019, 08.14 AM IST
RBI, Sebi ‘clash’ adds to defaulters’ resolution woesEven if the bankers agree on a deal under the ICA, it is not binding on funds.
15 Oct, 2019, 09.49 PM IST