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RCAP resolution plan hits roadblock
Bidders upset over another auction plan
LIC's move to sell RelCap's debt irks lenders
State-run life insurer decides to offload its Rs3,400-cr secured debt of Reliance Capital to an asset reconstruction company upsets lenders, bidders
LIC's sale of RCAP debt to ACRE upsets lenders and bidders
LICs recent move to sell its Rs 3,400 crore secured principal debt in the Reliance Capital (RCAP), that too barely less than two weeks ahead of the...
Reliance Capital COC divided on Challenge Mechanism
The Committee of Creditors (COC) of Reliance Capital, which met on Friday to decide on the Challenge Mechanism process, remained divided and undecided...
Reliance Capital bidders wary of legal issues now
Hinduja, Torrent, Zurich, and Piramal making a condition precedent of these issues to any payment to the lenders; Last date for submitting binding...
Reliance Capital bidders flag off multiple legal issues involving Rs...
As the deadline for the submission of binding bids approaches, the bidders of Reliance Capital, including Hinduja, Torrent, Zurich, and Piramal have...
NCLT extends Rel Capital resolution plan deadline to Jan 31
The earlier deadline was Nov 1, 2022; This is the third extension as the timeline has been extended twice in the past
NCLT extends Rel Cap resolution deadline to Jan 31, 2023
NCLT extends Reliance Capital resolution process completion deadline to January 31, 2023. The earlier deadline was November 1, 2022.