DHFL
Moneylife Digital Team 23 July 2021
The National Company Law Appellate Tribunal (NCLAT) has refused to grant a stay on the implementation on Piramal Capital and Housing Finance Ltd's resolution plan for troubled mortgage lender Dewan Housing Finance Ltd (DHFL).

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Moneylife Digital Team 09 July 2021
The latest resolution proposing higher payouts to unsecured creditors including Axis Bank, Yes Bank and L&T Finance has been vehemently rejected by the committee of creditors (CoC) of Dewan Housing Finance Ltd (DHFL).

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Full Edition
Moneylife Online Magazine
Lead Article
REGULATIONS
Sucheta Dalal , 29 July 2021
In the past couple of weeks, I have written about how the Securities and Exchange Board of India (SEBI) wants to permit new stock exchanges and depositories with disruptive technology and vastly liberalised entry norms.

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Fighting tooth and nail for all creditors of DHFL, 63 moons technologies has objected to the Piramal Group at the National Company Law Appellate Tribunal (NCLAT) for ascribing Re 1 only to Rs 45,000 crore recoverable assets from the Dewan Housing Finance Ltd (DHFL) and its promoters.

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Moneylife Digital Team 07 July 2021
The Committee of Creditors (CoC) of Dewan Housing Finance Corporation Ltd (DHFL) has started a new round of voting on yet another proposed new distribution mechanism.

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Moneylife Digital Team 06 July 2021
63 moons technologies has approached the National Company Law Appellate Tribunal (NCLAT) against the Dewan Housing Finance Ltd (DHFL) resolution plan approved by National Company Law Tribunal (NCLT).

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Moneylife Digital Team 30 June 2021
A public interest litigation (PIL) filed against the Securities and Exchange Board of India (SEBI) in the Dewan Housing Finance Ltd (DHFL) matter came up before the bench of chief justice Sanjib Banerjee and justice Senthilkumar Ramamoorthy of the Madras High Court on Tuesday.

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Moneylife Digital Team 28 June 2021
Anup Pathak, a retail investor of Dewan Housing Finance Ltd (DHFL) has filed an appeal at National Company Law Appellate Tribunal (NCLAT) against delisting of the lender’s shares from exchanges.

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Moneylife Digital Team 23 June 2021
The committee of creditors (CoC) of the beleaguered Dewan Housing Finance Corporation Ltd (DHFL) has voted against a proposal which sought to increase payouts to fixed depositors and non-convertible debenture(NCD) holders in the company.

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Maya M 21 June 2021
Lenders to DHFL are now voting on the revised distribution mechanism which seeks to allocate higher sums to small investors in fixed deposit and also full re-payment for retirement funds related to armed forces and defence personnel. In an order,

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Moneylife Digital Team 16 June 2021
The Reserve Bank of India (RBI) has revoked the deposit-taking status of Dewan Housing Finance Ltd (DHFL).

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Moneylife Digital Team 14 June 2021
While approving the resolution plan of Piramal group for Dewan Housing Finance Ltd (DHFL), the National Company Law Tribunal (NCLT), has named a seven-member monitoring committee, which will be given the power to manage and control the beleaguered housing finance company during the period between the approval of the plan and its implementation

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The BSE and NSE have decided to suspend trading in the shares of Dewan Housing Finance Corporation Ltd (DHFL) from Monday.

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Moneylife Digital Team 07 June 2021
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Piramal group’s resolution plan for Dewan Housing Finance Limited (DHFL).

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Moneylife Digital Team 01 June 2021
Kapil Wadhawan, former promoter of the beleaguered Dewan Housing Finance Ltd (DHFL), has filed a plea in the Supreme Court (SC) challenging the stay granted by the National Company Law Appellate Tribunal (NCLAT).

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Kapil Wadhawan is the face of an unapologetic, brazen, corporate fraudsters-ridden crony capitalism in India. He is supposed to be in jail presently, having been apprehended in the alleged swindle of well over Rs30,000 crore in the company managed by him, Dewan Housing Finance Ltd (DHFL).

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Moneylife Digital Team 25 May 2021
In a major relief for the Piramal group, the Reserve Bank of India (RBI) appointed DHFL administrator and the lenders, the National Company Law Appellate Tribunal (NCLAT) has stayed the earlier order issued by Mumbai bench of National Company Law Tribunal (NCLT).

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Moneylife Digital Team 24 May 2021
R Subramaniakumar, the Reserve Bank of India (RBI)-appointed administrator for Dewan Housing Finance Ltd (DHFL),

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Moneylife Digital Team 19 May 2021
In a twist to the mess at Dewan Housing Finance Corporation Ltd (DHFL), the Mumbai bench of National Company Law Tribunal (NCLT) on Wednesday asked the committee of creditors (CoC) or lenders to consider offer made by DHFL's promoter Kapil Wadhawan, who is in jail.

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IANS 22 February 2021
Transaction auditor Grant Thornton, in a report shared with the Administrator of DHFL, has found certain transactions which are undervalued, fraudulent and preferential in nature, putting the newly-discovered fraud at Rs 6,182 crore.

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Moneylife Digital Team 18 February 2021
The Reserve Bank of India (RBI) has approved Piramal group’s plan for the takeover of Dewan Housing Finance Corporation Ltd (DHFL).

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