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DHFL Lenders Extend Deadline For Resolution Plans As Bidders Drag Their Feet
DHFL lenders agree to give bidders more time, but interest shows signs of waning
24 Apr 2020, 10:14 AM IST
Lenders to stressed housing finance company Dewan Housing Finance Corporation Ltd. have decided to extend the deadline for submission of resolution plans to the last week of May from May 7 before. The extension in the deadline is to accommodate the delays caused by the national lockdown imposed to curb the spread of Covid-19, two people with direct knowledge of the matter said on the condition of anonymity.On March 29, the Insolvency...
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