An investor of Dewan Housing Finance Corp Ltd (DHFL) has urged Shaktikanta Das, governor of Reserve Bank of India (RBI) to stop 'self-serving fraud' being allegedly perpetrated by the administrator, debenture trustees, banks and their advisers upon fixed deposit (FD) and non-convertible...
Consider the irony. On the one hand, fixed deposit (FD) and non-convertible debenture (NCD)-holders are on the verge of losing a significant chunk of their tax-paid, hard-earned savings in Dewan Housing & Finance Ltd (DHFL), because they relied on dubious and falsely high credit ratings. On...
63 moons technologies has invited other non-convertible debentures (NCD) and fixed deposit (FD) holders of Dewan Housing Finance Ltd (DHFL) to oppose the DHFL resolution plan at the National Company Law Tribunal Mumbai, by filing separate applications to seek fraudulent transaction recovery...
Banking sources reveal that some of the members of the committee of creditors (CoC) with large exposure to DHFL (Dewan Housing Finance Corporation Ltd), are seeking to oust Oaktree from the bidding race for DHFL assets.
Interestingly, Oaktree has emerged as H1 with the highest bid...
63 Moons Technologies on Thursday said it has filed an application with the National Company Law Tribunal (NCLT), Mumbai, seeking that the benefit of avoidance applications for approximately Rs. 30,000 crore filed by DHFL administrator under section 66 of Insolvency and Bankruptcy Code (IBC)...
