NCLAT: Creditors May Choose to Proceed Against One or Multiple Guarantors as They See Fit  ||  NCLAT Delhi: Authority Can Enforce Arbitral Award Via Resolution Professional Under IBC Section 60(5)  ||  Bombay HC Rejects Plea For 'Eco-Friendly' Ganesh Idol Immersion, Upholds Citizens' Right to Clean Wat  ||  Delhi HC:WhistleblowingDoesn’t Grant Employees Immunity from Transfer Orders  ||  Delhi HC: Higher Compounding Fees Don't Apply on Second TDS Default Plea If First Was Rejected  ||  NCLAT Rules Guarantor’s Liability Can Exceed Cap Set in Guarantee Deed on Principal Borrower’s Debt  ||  NEET-UG 2025: Supreme Court Dismisses Plea Claiming OMR Sheet Tampering by Candidate  ||  SC Refuses Interim Bail to Shabir Ahmed Shah; Issues Notice on His Bail Petition  ||  SC Summons MCD Commissioner over Debris at Lodhi-Era Gumti, Asks, "Is There an Ego Issue?"  ||  SC Grants Interim Relief to YSRCP’s Pinnelli Ramakrishna Reddy in Double Murder Case of TDP Activists    

Bombay HC Upholds Order Allowing Bondholders to Vote on Resolution of RCFL - (23 Mar 2022)

CAPITAL MARKET

Bombay High Court has upheld the single-judge bench order in October allowing bondholders to vote on the debt resolution of Reliance Commercial Finance (RCFL), overruling an objection by the Securities and Exchange Board of India (SEBI) and bringing the resolution of the distressed company one step closer to fruition.

Tags : BOMBAY HIGH COURT   RELIANCE COMMERCIAL FINANCE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved