DHFL
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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Moneylife Digital Team 15 January 2021
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 advisors upon fixed deposit (FD) and non-convertible debenture (NCDs) holders of the crisis-hit company through

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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

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IANS 08 January 2021
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 benefits of Rs 30,000 crore.

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IANS 04 January 2021
Banking sources reveal that some of the members of the Committee of Creditors (CoC) with large exposure to DHFL, are seeking to oust Oaktree from the bidding race for DHFL assets.

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IANS 02 January 2021
63 Moons Technologies on Thursday said it has filed an application with the National Company Law Tribunal (NCLT),

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IANS 31 December 2020
Kapil Wadhawan has yet again come up with a revised proposal for acquiring Dewan Housing Finance Corporation Ltd (DHFL).

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IANS 28 December 2020
The race to acquire the bankrupt Dewan Housing Finance Corporation Ltd (DHFL) has intensified with both the final bidders Oaktree and Piramal having enhanced their offers.

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IANS 15 December 2020
Kapil Wadhawan, the erstwhile promoter of Dewan Housing Finance Corporation Ltd (DHFL), has written to the administrator of the bankrupt company with a fresh proposal to repay 100 per cent of the principal debt to the creditors.

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IANS 09 December 2020
Alleging 63 Moons was hampering the resolution process of DHFL for their

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Rituraj Baruah (IANS) 27 November 2020
In a major turn of events in the DHFL resolution process, the Committee of Creditors (CoC) is likely to invite fresh bids for the bankrupt NBFC and sources say that Adani Group, Piramal Enterprises and Oaktree may bid for the entire portfolio of the company.

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IANS 26 November 2020
Kapil Wadhawan, the erstwhile promoter of the Dewan Housing Finance Corporation Ltd (DHFL) has moved the National Company Law Tribunal against the RBI-appointed administrator and the Committee of Creditors of the bankrupt NBFC.

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IANS 10 November 2020
Interested bidders have submitted higher bids for DHFL to the Committee of Creditors, (CoC). DHFL COC is likely to meet early next week to consider the revised bids from all the bidders.

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