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NCLAT says any further action on Piramal’s DHFL Resolution Plan subject to 63 moons plea

NCLAT says any further action on Piramal’s DHFL Resolution Plan subject to 63 moons plea

🕔15:51, 23.Jul 2021

New Delhi, July 23 63 moons technologies on Friday said the National Company Law Appellate Tribunal (NCLAT) clarified that any step taken in the DHFL matter in furtherance of the resolution plan will be subject to the outcome of its appeal.

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DHFL logs Q4 net profit of Rs 96.75 cr

DHFL logs Q4 net profit of Rs 96.75 cr

🕔20:02, 6.Jun 2021

Mumbai, June 6  Dewan Housing Finance Corporation Ltd (DHFL) on Sunday reported a consolidated net profit of Rs 96.75 crore for the January-March quarter. During the same quarter of FY2019-20, the bankrupt NBFC had posted a consolidated net loss of

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NCLT asks DHFL lenders to consider Wadhawan’s settlement offer

NCLT asks DHFL lenders to consider Wadhawan’s settlement offer

🕔17:17, 19.May 2021

New Delhi, May 19  In a major turn of events in the resolution of DHFL, the National Company Law Tribunal (NCLT) has asked its lenders to consider the settlement offer of former promoter Kapil Wadhawan. The tribunal has given the

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RBI approves Piramal Group’s proposed takeover of DHFL

RBI approves Piramal Group’s proposed takeover of DHFL

🕔18:07, 18.Feb 2021

Mumbai, Feb 18  The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group. The development comes just a month after the Committee of Creditors (CoC) of DHFL voted in favour

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CoC approves resolution plan of Piramal: DHFL

CoC approves resolution plan of Piramal: DHFL

🕔06:59, 18.Jan 2021

Mumbai, Jan 18  Dewan Housing Finance Corporation Ltd (DHFL) on Sunday said that its Committee of Creditors (CoC) has approved the resolution plan of Piramal Capital and Housing Finance Ltd. “The resolution plan submitted by Piramal Capital and Housing Finance

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63 moons urges NCD, FD holders to oppose DHFL resolution plan at NCLT, seek Rs 30,000 cr

63 moons urges NCD, FD holders to oppose DHFL resolution plan at NCLT, seek Rs 30,000 cr

🕔17:00, 8.Jan 2021

Mumbai, Jan 8  63 moons technologies has invited other non-convertible debentures (NCD) and fixed deposit (FD) holders of Dewan Housing Finance Ltd (DHFL) to oppose the DHFL resolution plan at the National Company Law Tribunal Mumbai, by filing separate applications

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63 Moons moves NCLT to ensure DHFL recovery benefits to creditors, NCD holders

63 Moons moves NCLT to ensure DHFL recovery benefits to creditors, NCD holders

🕔19:45, 31.Dec 2020

Mumbai, Dec 31  63 Moons Technologies on Thursday said it has filed an application with the National Company Law Tribunal (NCLT), Mumbai, seeking that the benefit of avoidance applications for approximately Rs. 30,000 crore filed by DHFL administrator under section

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Race for DHFL takeover intensifies: Suitors sweetening offers

Race for DHFL takeover intensifies: Suitors sweetening offers

🕔17:28, 25.Dec 2020

New Delhi, Dec 25  The race to acquire the bankrupt Dewan Housing Finance Corporation Ltd (DHFL) has intensified with both the final bidders Oaktree and Piramal having enhanced their offers. US-based Oaktree Capital has raised its offer for the insolvent

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DHFL’s Q2 net loss narrows to Rs 2,122 Cr

DHFL’s Q2 net loss narrows to Rs 2,122 Cr

🕔12:51, 27.Nov 2020

Mumbai, Nov 27  The insolvent Dewan Housing Finance Corporation Ltd has reported a consolidated net loss of Rs 2,122.65 crore for the July-September period. For the same quarter of last financial year, the company had reported a net loss of

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Adani, Piramal among bidders for bankrupt DHFL

Adani, Piramal among bidders for bankrupt DHFL

🕔06:50, 19.Oct 2020

Mumbai, Oct 19  Adani Group, Piramal Enterprises, US-based Oaktree and Hong Kong-headquartered SC Lowy have submitted their bids for the insolvent Dewan Housing Finance Corporation Ltd (DHFL), sources said. The deadline to submit bids for DHFL ended on Saturday. According

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PNB reports Rs 3,688 cr borrowal fraud by DHFL

PNB reports Rs 3,688 cr borrowal fraud by DHFL

🕔07:08, 10.Jul 2020

Mumbai, July 10  State-run Punjab National Bank (PNB) has reported a borrowal fraud of Rs 3,688.58 crore in the NPA account of the now bankrupt Dewan Housing Finance Ltd (DHFL). In a regulatory filing, the bank said that it has

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Yes Bank case: ED attaches Rs 2,203 cr assets of Kapoor, others

Yes Bank case: ED attaches Rs 2,203 cr assets of Kapoor, others

🕔07:03, 10.Jul 2020

New Delhi, July 10 The Enforcement Directorate (ED) has attached Rs 2,203 crore assets of Yes Bank founder Rana Kapoor, his family, Dewan Housing Finance Ltd (DHFL) promoters and others under the Prevention of Money Laundering Act (PMLA) in the Rs

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SBI chief meets DFS secretary, says DHFL to be resolved

SBI chief meets DFS secretary, says DHFL to be resolved

🕔18:55, 28.Jun 2019

New Delhi, June 28 SBI Chairman Rajnish Kumar on Friday said the CoC and Resolution Professional’s decision will be implemented in case of Jet Airways and lenders will decide on next course of action on DHFL and other accounts under RBI’s

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DHFL siphoned off Rs 31,000 crore of public money, claims Cobrapost

DHFL siphoned off Rs 31,000 crore of public money, claims Cobrapost

🕔19:30, 29.Jan 2019

New Delhi, Jan 29  A news website on Tuesday claimed that primary promoters of DHFL, a housing finance institution, siphoned off over Rs 31,000 crore of public money through loans and advances to shell companies and other means to create

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