Reliance Capital lenders approach NCLAT, seek second round of financial bids1 min read . Updated: 07 Feb 2023, 02:08 AM IST
Earlier on February 2, the Mumbai bench of the NCLT had ruled against holding a fresh round of auction for the takeover of Anil Ambani-promoted Reliance Capital and said the challenge mechanism for financial bids has already concluded.
Reliance Capital lenders have approached the National Company Law Appellate Tribunal (NCLAT) to seek a second round of financial bids for the debt-ridden firm, presently going through the insolvency resolution process.
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