IIHL overhauls corp structure for Reliance Capital deal
With barely 20 days left for the deadline for closing the resolution plan, successful resolution applicant IIHL has changed the...
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A lowdown on IIHL’s Rs 9,661 crore resolution plan for Reliance Capital
The resolution plan submitted by IndusInd International Holdings Ltd (IIHL) for Reliance Capital proposes to pay Rs 9,661 crore against...
NCLT approves Rs 9,661 cr IIHL resolution plan for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Rs 9,661 crore resolution plan submitted by...
Reliance Capital resolution at risk as IRDAI rejects IIHL’s proposal to pledge insurance arm shares
After the insurance regulator --IRDAI -- rejected Hinduja Group-led IIHL's proposal to raise funds for the Reliance Capital acquisition by...
Torrent moves SC against approval of Reliance Capital resolution plan
After its plea to stay the approval of Reliance Capital's resolution plan was rejected by the NCLT on 1 October,...
Hinduja Group to raise $1.5 bn to fund Reliance Capital buyout
Hinduja group-owned IndusInd International Holdings (IIHL) announced a $1.5 billion capital raising plan. The plan will increase IIHL's holding in...
Reliance Capital lenders approve IIHL resolution plan with 99.6% votes
The long-drawn insolvency resolution process of Reliance Capital got further close to a closure on 29 June. The lenders of...
Reliance Capital creditors decide ‘equitable’ treatment to lenders; plan payouts in proportion to dues
In a significant move, the Committee of Creditors (CoC) of Reliance Capital has voted to make payment to all the...
NCLT allows administrator of Reliance Capital to take control of 25 crore shares of Reliance General Insurance
In a major relief to the lenders of Reliance Capital, the Mumbai bench of the NCLT has directed Credit Suisse...
Credit Suisse asks CoC not to approve Reliance Capital resolution plan
Switzerland-based Credit Suisse has asked the Administrator in the Reliance Capital corporate insolvency resolution process (CIRP) to not proceed with...