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Credit Suisse, Axis Bank drag Reliance Capital, administrator to NCLT : Rashtra News #Credit #Suisse #Axis #Bank #drag #Reliance #Capital #administrator #NCLT Two lenders to Reliance Capital (RCap) – Credit Suisse and Axis Bank – have dragged the debt-laden firm and the RBI-appointed administrator to the National Company Law Tribunal (NCLT), seeking recovery of debts worth
Following mid-day’s reports about a shady company’s fake case against city couple, Enforcement Directorate raids nine locations linked to firm, spread across
The public sector lender contended for maximisation of the assets and submitted if a fresh process and fresh valuation were done, Lavasa Corporation would achieve more value.
Lavasa is located in the Mulshi valley of the Sahyadri ranges of the Western Ghats; spread over 20,000 acres, Lavasa was the first privately developed city
The Ajay Harinath Singh-owned conglomerate aims to bring the Lavasa project back to life after years of hindrances.