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Experts clamour for changes in the current Swiss Challenge process regulations

The current rules governing the Swiss Challenge process are lopsided, favouring the anchor bidder, and stymie the basic objective of value maximisation by the lenders of a stressed asset.This is the opinion of various banking and industry . ....

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Lenders of Reliance Capital to meet on today to consider bidders' concerns

Ahead of the second round of auction scheduled on April 26, lenders of debt-ridden Reliance Capital (RCap) will meet on Monday to resolve concerns raised by bidders, sources said.

Both the potential bidders, Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group, have ....

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Reliance Capital lenders to meet on Monday to resolve concerns of bidders

The lenders of Reliance Capital (RCap) will meet on Monday to resolve concerns raised by bidders ahead of the second round of auction on April 26.Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group have expressed . ....

New Delhi , Hinduja Group , Indusind International Holdings Ltd , Committee Of Creditors Co , National Company Law Tribunal , Reliance Capital The Employee Provident Fund Organisation , Reliance Capital , Employee Provident Fund Organisation , Challenge Mechanism ,