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Reliance Capital taken to NCLT for bankruptcy proceedings

In a statement, the RBI said it has filed an application for the initiation of corporate insolvency resolution process against the Anil Ambani NBFC

Praveenp kadleSanjeev nautiyalSbi srinivasan varadarajanNageswara raoSupreme courtAxis bankTata capital ltdAdjudication authorityMumbai high courtLiquidation proceedings of financial service providersDelhi high courtReliance capitalBankruptcy codeLiquidation proceedingsFinancial service providersMumbai bench

RBI files application to initiate insolvency proceedings against Reliance Capital

RBI's application has been filed at the Mumbai Bench of NCLT.

Praveenp kadleSanjeev nautiyalNageswar raoSrinivasan varadarajanReliance capital ltdAxis bankTata capitalAdvisory committeeLiquidation proceedings of financial service providersReliance capitalAdjudication authorityAnil ambani reliance groupReserve bankCorporate insolvency resolution processBankruptcy codeMumbai bench

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle, ex-MD&CEO, Tata Capital

Praveenp kadleSanjeev nautiyalNageswar raoAnil ambaniAxis bankReliance capitalReserve bankState bankSrini vasan varadarajanAnil ambani groupReliance capital

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle, ex-MD&CEO, Tata Capital

Praveenp kadleSanjeev nautiyalNageswar raoAnil ambaniAxis bankReliance capitalReserve bankState bankSrini vasan varadarajanAnil ambani groupReliance capital

RBI names 3-member advisory committee to Administrator for Reliance Capital

On Monday, the RBI said the RCL board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively".

Praveenp kadleSanjeev nautiyalNageswar raoSrinivasan varadarajanAxis bankTata capitalAnil ambani reliance groupAdvisory committeeLiquidation proceedings of financial service providersCommittee of advisorsReserve bankReliance capitalAnil ambaniReliance groupEx executive directorState bank

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