Insolvency petition filed against Reliance Home Finance
Another Anil Ambani group firm – Reliance Home Finance – is staring at insolvency proceedings after a financial creditor, Invent...
Reliance Capital
Hinduja Group to complete Reliance Capital acquisition by Jan 2025-end
Hinduja Group company IIHL is on the verge of completing its acquisition of debt-ridden Reliance Capital (RCAP) by the end...
IRDAI objects to Reliance General Insurance proposal to transfer 25% shared to Hindujas
In yet another setback to the Hinduja Group, the Insurance Regulatory and Development Authority of India (IRDAI) has objected to...
Hinduja Group moves NCLAT in support of 2nd round of auction in Reliance Capital CIRP
Hinduja group’s IIHL has filed an appeal with the NCLAT supporting the second round of auction for Reliance Capital. Hinduja...
NCLAT nixes attempts of Shyam Sel and Power to revise resolution plan for Mittal Corp
In a case that appears to be like that of the Reliance Capital corporate insolvency resolution plan (CIRP), the National...
NCLT asks CoC not to consider Hinduja group’s bid for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the committee of creditors (CoC) of Reliance Capital...
Torrent Group emerges highest bidder in e-auction for Reliance Cap assets
The e-auction of Reliance Capital ended on 21 December and the Torrent Group emerged as the highest bidder with Rs...
Reliance Capital base price for e-auction hiked to Rs 6,500 crore
The insolvency resolution process of Reliance Capital is heading towards another stalemate after the Committee of Creditors (CoC) in its...
Reliance Capital base price for e-auction fixed at Rs 5,300 crore
The e-auction for Reliance Capital will be an ascending auction process, with the base bid price will be Rs 5300...
Reliance Capital resolution process now a three-horse race?
As the Committee of Creditors (CoC) of Reliance Capital meet on 9 December 2022, what direction the resolution process could...