Bankruptcy Petition Against Kapil Wadhawan
Law Firms NewsNews

Kapil Wadhawan had executed a joint deed of personal guarantee to secure the credit facilities extended to erstwhile Dewan Housing Finance Corporation Ltd., not exceeding INR. 50,656.84 Crores.

denies bail to Kapil Wadhawan
Case BriefsHigh Courts

These acts which are alleged against Kapil Wadhawan, if proven, are not merely violations of penal statutes, but subvert the very integrity of financial institutions and investor confidence. Such economic offences are not private disputes, but public wrongs that corrode the nation’s economic fabric.

DHFL Resolution plan
Case BriefsSupreme Court

“There is a clear distinction between the Avoidance Applications that may be filed by the Resolution Professional in view of Section 25(2)(j), for avoidance of transactions in accordance with Chapter III of the IBC, and the applications that may be filed in respect of the fraudulent trading or wrongful trading under Section 66, which falls under Chapter VI of the IBC.”

yes bank rana kapoor
Hot Off The PressNews

Earlier in May 2023, the Bombay High Court had rejected the second bail plea by Rana Kapoor.

rbi
Hot Off The PressNews

It may be recalled that in exercise of powers under Section 45-IE (5) (a) of the Reserve Bank of India Act, 1934,