Lenders move NCLT against 90-day extension for IIHL to complete RCap resolution
Mumbai: Lenders to a bankrupt Reliance Capital have filed an affidavit before the National Company Law Tribunal (NCLT) opposing the 90-day extension sought by the Hinduja group-owned IndusInd International Holdings Ltd (IIHL) to implement its resolution plan. In a recent affidavit filed before the bankruptcy tribunal, the committee of creditors (CoC) cited a slew of … Read more