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Experts clamour for changes in the current Swiss Challenge process regulations

The current rules governing the Swiss Challenge process are lopsided, favouring the anchor bidder, and stymie the basic objective of value maximisation by the lenders of a stressed asset.This is the opinion of various banking and industry .

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Lenders of Reliance Capital to meet on today to consider bidders concerns

Ahead of the second round of auction scheduled on April 26, lenders of debt-ridden Reliance Capital (RCap) will meet on Monday to resolve concerns raised by bidders, sources said. Both the potential bidders, Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group, have

Committee of creditors coNational company law tribunalIndusind international holdings ltdHinduja groupReliance capital employee provident fund organisationReliance capitalTorrent investmentProvident fund organisationChallenge mechanismBankruptcy codeLenders of reliance capital to meet on today consider bidders concerns

Lenders of Reliance Capital to meet on Monday to consider bidders concerns

Both the potential bidders, Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group, have expressed multiple reservations on the proposed auction and its terms and conditions.

Nageswara raoCommittee of creditors coNational company law tribunalSrei groupDewan housing finance corporationReliance capital employee provident fund organisationIndusind international holdings ltdHinduja groupReliance capitalTorrent investmentProvident fund organisationChallenge mechanismBankruptcy codeReserve bankCorporate insolvency resolution processReliance capital lenders

Lenders Of Reliance Capital To Meet On Monday To Consider Bidders Concerns

The COC is likely to meet again on Monday to address the concerns of bidders.

New delhiJammu and kashmirAnand mahindraNageswara raoSrei groupDewan housing finance corporationCanara bankNational company law tribunalHinduja groupCommittee of creditors coIndusind international holdings ltdReliance capital employee provident fund organisationReliance capitalTorrent investmentAlso readNew football stadium is anand mahindra

Reliance Capital lenders to meet on Monday to resolve concerns of bidders

The lenders of Reliance Capital (RCap) will meet on Monday to resolve concerns raised by bidders ahead of the second round of auction on April 26.Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group have expressed .

New delhiHinduja groupIndusind international holdings ltdCommittee of creditors coNational company law tribunalReliance capital the employee provident fund organisationReliance capitalEmployee provident fund organisationChallenge mechanism

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