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NCLT Kapil Wadhawan: NCLT admits insolvency resolution plea against the erstwhile promoter of DHFL Kapil Wadhawan

The National Company Law Tribunal (NCLT) has admitted Union Bank of Indias insolvency application against Kapil Wadhawan, former promoter of DHFL, for a Rs 3,958-crore default. Devendra Mehta is appointed as the resolution professional. DHFL s creditors, including FD holders, had recovered Rs 38,000 crore from Piramal Capital s acquisition in September 2021. ....

Kapil Wadhawan , Prabhat Kumar , Rohit Jain , Devendra Mehta , Dheeraj Wadhawan , Singhania Co , National Company Law Tribunal , Catalyst Trusteeship Ltd , Committee Of Creditors Co , Union Bank , Dewan Housing Finance , Joint Deed , Financial Creditors , Resolution Plan , Piramal Capital , Nclt Kapil Wadhawan , Union Bank Of India , Insolvency Resolution Plea , Bankruptcy Court ,

Mediation, the future of insolvency resolution? - The Hindu BusinessLine

Mediation, the future of insolvency resolution? - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Trisha Shreyashi , Adjudicatory Authority , National Company Law Tribunal , Bankruptcy Board , Bankruptcy Code , Mediation Act , Alternative Dispute Resolution , Mediated Settlement Agreements , Corporate Insolvency Resolution Process , Central Government , Financial Creditors ,