Highlights
This is the second time Kapoor has been arrested in less than 10 months
In previous cases, the ED is investigating Rs 600 crore received by a company allegedly controlled by Kapoor, his wife, and three daughters
Kapoor and his family members allegedly got benefits worth Rs 4,300 crore through the companies controlled by them as kickbacks
Mumbai: Yes Bank co-founder Rana Kapoor on Wednesday (January 27) was remanded to the Enforcement Directorate (ED) custody till January 30. The Central probe agency has arrested Kapoor in a fresh money laundering case of over Rs 200 crore.
The 63-year-old Kapoor is in jail under judicial custody since March last year after being arrested by the ED in a case pertaining to sanctioning loans to certain firms allegedly against kickbacks.
DHFL resolution: Lenders approve Piramal s bid
SECTIONS
Last Updated: Jan 17, 2021, 07:38 PM IST
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Synopsis
The resolution plan submitted by Piramal Capital and Housing Finance Limited was duly approved by CoC by majority voting under section 30(4) of the Insolvency & Bankruptcy Code..as the successful resolution plan, it said.
Agencies
DHFL was the first finance company to be referred to NCLT by the RBI using special powers under Section 227 of the IBC.
NEW DELHI: Debt-ridden mortgage lender
This was approved by the CoC in its 18th meeting concluded on January 15, 2021, DHFL said in a regulatory filing.
The resolution plan submitted by Piramal Capital and Housing Finance Limited was duly approved by CoC by majority voting under section 30(4) of the Insolvency & Bankruptcy Code..as the successful resolution plan, it said.
DHFL lenders approve Piramal bid for resolution plan
DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company s board was superseded and R Subramaniakumar was appointed as the administrator
BusinessToday.In | January 17, 2021 | Updated 22:27 IST
The creditors of beleagured mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) have approved the resolution bid submitted by Piramal Capital and Housing Finance Limited. The decision was taken at the 18th committee of creditors (CoC) meeting held on January 15, 2021. The e-voting on resolutions pursuant to the 18th meeting of the Committee of Creditors of the company concluded on January 15, 2021 at 8 pm IST and the resolution plan submitted by Piramal Capital and Housing Finance Limited (under Option I in terms of the RFRP dated September 16, 2020) was duly approved by CoC by majority voting under section 30(4) of the Insolvency and Bankruptcy Code read with Reg. 39(3) of