Reliance Capital Archives

Case Briefs Tribunals/Commissions/Regulatory Bodies

[Reliance Capital (RCap) Resolution] CoC has power to negotiate and call for higher bid; NCLAT allows another round of bidding

The NCLAT held that even after completion of challenge mechanism under CIRP Regulation 39(1A)(b), the CoC retains its jurisdiction to negotiate with one or other Resolution Applicants, or to annul the Resolution Process and embark on to re-issue RFRP.

SCC Times

Reliance Capital

JSA advises 360 ONE Alternates Asset Management Limited as the mandated lead arranger in connection with INR 30 billion financing to Cyqure India Private Limited

[Reliance Capital (RCap) Resolution] CoC has power to negotiate and call for higher bid; NCLAT allows another round of bidding