by AIP Online Bureau | Mar 30, 2025 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Regulation
The Committee of Creditors (CoC) of Reliance Capital has informed NCLAT that the resolution plan was completely implemented by IIHL with the transfer of complete payment amounts in terms of the resolution plan Mumbai: Lenders of debt-ridden Reliance Capital have...
by AIP Online Bureau | Aug 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
Hinduja owned IIHL failed to meet the deadline of July 31. On August 1, Vistra ITCL, the trusteeship acting on behalf of the CoC, wrote a letter to IIHL that it had defaulted on the NCLT order, now lenders reserve their rights and remedies as per the resolution plan...
