debt resolution

IIHL Fails To Deposit ₹2,750 Crore For Reliance Capital Buyout, Violates NCLT Order

The Administrator of debt-ridden Reliance Capital (RCAP) has filed an affidavit with the National Company Law Tribunal (NCLT), accusing IndusInd International Holdings Ltd (IIHL), a Hinduja Group firm, of failing to comply with the conditions set by the tribunal in its July 23 order. The affidavit states that IIHL did...