Page 6 of Reliance Capital

RCap administrator, Reliance Capital, Reliance Capital bankruptcy process

RCap administrator seeks RBI nod to restructure firm into four CICs

According to the RBI, a CIC is an NBFC in the business of acquisition of shares and securities and holds…

October 20, 2022 00:15 IST

Reliance Capital, Rcap, Reliance Capital news, Reliance Capital latest, Insolvency and Bankruptcy Code, NCLT

RCap resolution: NCLT extends completion deadline to January 31

Under the current schedule, the timeline to file the final resolution plan before the NCLT ends on November 1.

October 19, 2022 04:05 IST

Reliance Capital, Reliance Capital debt, Reliance Capital bankruptcy

RCap administrator to seek 90-day extension to close resolution process

In case the tribunal approves the request, this would be the third extension, as the deadline for the completion of…

October 6, 2022 00:30 IST

CoC extends RCap bid deadline to October 30

In August, debt-laden RCap’s insolvency proceedings received six bids under Option-I, which was for the entire assets of the company.

September 21, 2022 04:35 IST

RCap bidders, reliance capital, reliance capital insolvency proceedings,

RCap bidders want Sept 29 deadline extended further

The committee of creditors (CoC), who are set to meet next week, is also of the opinion that an extension…

September 12, 2022 05:45 IST

Committee of Creditors, reliance capital, IndusInd Bank, Oaktree Capital, Torrent Group, Reserve Bank of India

Lenders review resolution process of Reliance Capital

The Reserve Bank of India (RBI) on November 29 last year superseded the board of RCL in view of payment…

Updated: September 8, 2022 22:33 IST

Reliance Capital’s insolvency process gets poor response

RCap’s clusters that were put under option 2 included Reliance General Insurance, Reliance Nippon Life Insurance, Reliance Asset Reconstruction Company,…

August 31, 2022 00:50 IST

Reliance Capital, Reliance Capital resolution, Reliance Capital resolution process

Reliance Capital resolution process draws tepid response

However, many of these firms, though actively in discussions with the administrator, are yet to submit final bids for the…

August 29, 2022 02:45 IST

IDBI Trusteeship Services Limited acting in its capacity as a debenture trustee on behalf of Credit Suisse, had invoked the pledge of Reliance Capital's 100 per cent shareholding in Reliance General in November 2019 and transferred the shares to its account.

Reliance Capital bid deadline ends on Monday amid concerns of investors

To allay the concerns of the bidders regarding the RCF and RHF, sources said, the CoC has proposed that both…

August 28, 2022 17:21 IST

The earlier deadline to submit the resolution plans ends on August 10.

RCap lenders extend deadline to submit resolution plans by 18 days

The bidders, who were pursuing the process, had complained of lack of sufficient data to conduct verification of the entities,…

August 4, 2022 02:40 IST

Lenders extend deadline to submit resolution plan for Reliance Capital for fifth time

The RBI subsequently filed an application for initiation of CIRP against the company at the Mumbai bench of the National…

August 3, 2022 21:21 IST

RCap bidders seek further extension of deadline

RCap has a debt of about Rs 20,000 crore, and together with RCF and RHF, it stands at about Rs…

August 1, 2022 03:00 IST

Reliance Capital bidders seek extension of deadline to submit resolution plan

The RBI appointed Nageswara Rao Y as the administrator in relation to the Corporate Insolvency Resolution Process (CIRP) of the…

July 31, 2022 18:07 IST

They have also waived the condition for an earnest money deposit (EMD) of Rs 75 crore on the first date of submission.

RCap to hive off two group companies into separate trust

Authum Investment is yet to get RBI approvals for the bids, and litigation pending in different courts has also delayed…

July 18, 2022 03:10 IST

LIC’s plans to sell RCap bonds worth Rs 3,400 crore hits another roadblock

LIC extended the deadline to submit bids for bond sales by another 11 days to July 22, following a tepid…

July 13, 2022 01:15 IST

RCap bond sales deadline extended to July 22

Last year, certain bondholders – including Axis Bank and HDFC – had sold off their bonds to asset reconstruction company,…

July 12, 2022 04:15 IST

While this is the fourth-time the submission date is being extended, the date for completion of the process remains unchanged.

Reliance Capital lenders extend date for plan submission to August 10

According to the earlier plan, the last date for the prospective bidders to submit the resolution plan was July 11.…

July 2, 2022 02:30 IST

Tata, Adani among 5 to exit Reliance Capital’s resolution; Piramal Enterprises among bidders left in race

The decision to extend the deadlines was taken by the committee of creditors (CoC) at its meeting on June 16.

June 27, 2022 04:30 IST

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