The National Company Law Tribunal's (NCLT) Mumbai bench on Monday admitted the RBI's application for the initiation of insolvency proceedings against the cash-strapped Dewan Housing Finance Corporation Ltd (DHFL).
The Reserve Bank of India had on Friday filed an application in the...
Today the Lok Sabha was informed that the Ministry of Corporate Affairs has finished conducting an inspection of DHFL and has submitted the inspection report to the Finance Ministry. As per the submitted report, DHFL has a total loan portfolio of Rs 95,615 crore.
In a statement, the...
The Reserve Bank of India (RBI) on Friday constituted a three-member advisory committee to assist the administrator of Dewan Housing Finance Corporation Ltd (DHFL). The members on the advisory panel are Dr Rajiv Lall, non-executive chairman of IDFC First Bank Ltd, NS Kannan, managing director...
The list of victims of UP Power Corporation's tainted investment in embattled housing major DHFL is growing almost daily. In a late night decision, Aparna, Managing Director of UP Power Corporation, was removed. Senior IAS officer M. Devraj would be the new Power Secretary in the...
Uttar Pradesh government's alleged dealing with controversial Mumbai company, Dewan Housing Finance Corporation Limited (DHFL), has caused a stir in Lucknow. In a questionable decision, the state-owned UP Power Corporation Ltd (UPPCL) has reportedly invested its employees' fund worth over Rs...
