Apprehension about IIHL’s willingness to honour RCap resolution plan: CoC | Mint
Mumbai: Reliance Capital’s administrator has said that the Hinduja Group-owned IndusInd International Holdings Ltd’s bid to unilaterally seek extension of the deadline to implement its resolution plan for the bankrupt company creates ‘reasonable apprehension’ about its willingness to honour the resolution plan. In a submission before the Mumbai bench of the National Company Law Tribunal … Read more