63Moons moves NCLT against Piramal ascribing ₹1 value to DHFL's 'recoverable' assets
63Moons moves NCLT against Piramal ascribing ₹1 value to DHFL’s ‘recoverable’ assets April 25, 2021 × 63Moons Technologies has dragged Piramal Capital and Housing Finance to the National Company Law Tribunal (NCLT) for ascribing ‘₹1’ value to the assets or transactions of Dewan Housing Finance Corporation (DHFL) that, it says, have a recovery potential of more than ‘₹40,000 crore’. DHFL, one of India’s largest housing finance companies, is in the midst of insolvency proceedings and Piramal’s Request for Resolution Plan (RFRP) to acquire the company was approved by t...
Source: thehindubusinessline.com