Reprieve for DHFL’s small fixed deposit holders
Lenders decide to pay FD depositors holding up to ₹2 lakh the full amount while other depositors will face the distribution mechanism.
insolvency
January 2021
December 2020
July 2020
Adani seeks resolution of HDIL via asset demerger
None of the three prospective bidders submitted a resolution plan for the Mumbai-based real estate company before the deadline expired on January 7.
Will the DHFL insolvency end up in a legal dispute?
As Piramal and Oaktree lock themselves in a fierce bidding war, one can’t rule out a legal challenge to the first-ever finance company undergoing the IBC process.
The path to a fast resolution
Pre-packs—processes where a sale or turnaround plan is finalised for a business before the start of the insolvency process—make for a speedy resolution. But are they viable under Indian laws?
RBI’s stressed asset directions come of age
A year after they were issued, the central bank’s rules have become fundamental for the resolution of debt.
