The Piramal Group has filed an appeal in the National Company Law Appellate Tribunal on the DHFL issue.
The application has been filed challenging the National Company Law Tribunal order which directed DHFL’s Committee of Creditors to consider the offer made by its former promoter Kapil Wadhawan within the next 10 days.
RBI approves Piramal's resolution plan for DHFL
Sources confirmed to BusinessLine that it filed the appeal in the NCLAT on Tuesday.
The resolution plan of Piramal Capital and Housing Finance Limited (PCHFL), a wholly-owned subsidiary of Piramal Enterprises Ltd, had emerged a successful plan for the troubled Dewan Housing Finance Corporation Ltd.
Auditor reports fresh ₹6,182-cr fraud in DHFL
Meanwhile, the NCLAT will also begin hearing the appeal by the Committee of Creditors of DHFL on the NCLT order today.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.