In the request filed on November 24, Wadhawan urged the court not to allow the offers received from the four bidders: Oaktree Capital, Piramal Enterprises, Adani Group and SC Lowy, calling their offers “absurd.” Adani has made the highest bid among the four bidders with Rs. Rs 31,250 crore for …
Read More »Amid multiple twists in the DHFL saga, great haircuts are ready to hit their lenders
It has been almost a year since the troubled Dewan Housing Finance Corp. Ltd (DHFL) was sent to insolvency proceedings, the first finance company to come under the code. The creditors’ committee has held 11 meetings so far and a 12 was at the time of this writing. The latest …
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