reliance capital

NEW DELHI: The Mumbai-bench of National Company Law Tribunal (NCLT) has extended the deadline for completing the resolution process of Reliance Capitalby three months to July 16 as lenders have agreed to hold a second round of auction to…

The National Company Law Appellate Tribunal (NCLAT) on March 2, 2023 allowed a petition filed by lenders of Reliance Capital, seeking another round of auction for the debt-ridden firm undergoing insolvency proceedings.A two-member Bench…

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capitalseeking another round of auction for the debt-ridden firm undergoing insolvency process. A two-member bench…

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MUMBAI: The Reserve Bank of India (RBI) has called for extending the ‘pre-packaged’ insolvencyresolution process to large borrowers. The pre-packaged process requires a majority of creditors to accept a deal before approaching the…

The Committee of Creditors (CoC) fixed a floor value of ₹6,500 crore for the auction. Torrent Group on Wednesday emerged as the highest bidder for debt-ridden Reliance Capital in the auction conducted as part of its resolution process.…

<!-- -->If the bidders fail to raise their offers, there is a risk of liquidation.(File)Bengaluru: The highest bid India's Reliance Capital, which is undergoing insolvency proceedings, received was 60% below its aggregate liquidation…

The administrator at Anil Ambani-owned Reliance Capital has told lenders that the highest bid received for the insolvent financial services company is 60% below its aggregate liquidation value, making it imperative to seek improved plans…

Mumbai: Five bidders have emerged in the race to acquire Reliance Capital(RCap) under bankruptcy. All the bids are at the holding company level and there have been no individual bids for Reliance's stake in life and general insurance…

Life Insurance Corporation of India (LIC) logo | Photo Credit: Reuters Days ahead of the deadline to submit binding bids, LIC's move to sell its ₹3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset…