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DHFL Insolvency: Conflict And Controversy Surround Rebids
DHFL’s resolution process has found itself mired in controversy and conflict.
01 Dec 2020, 10:52 AM IST
Creditors to Dewan Housing Finance Corporation Ltd will conclude voting on a proposal to seek fresh bids for insolvent housing financier on Wednesday.If the proposal gets the support of at least 66% of creditors by value, fresh bids will be invited by December 13, three people with direct knowledge of the developments told BloombergQuint. This would be the fourth round of bids submitted by the four bidders that have shown interest. T...
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