open an account
Span Margin
Refer A Friend
open an account

Troubled DHFL's jailed promoter Kapil Wadhawan offers to settle all claims, loans

image MUMBAI: Kapil Wadhawan, the jailed promoter of troubled Dewan Housing Finance Corporation Ltd (DHFL NSE 9.92 %), has offered to settle all claims and loans of his now insolvent non-bank lender.

Wadhawan has written to the administrator appointed by the Reserve Bank of India offering his rights, title and interest in at least 10 projects that he claims are valued at ₹43,879 crore, towards the settlement.

Last year, RBI referred DHFL for bankruptcy proceedings. DHFL is facing cla ..

Read more at:
https://economictimes.indiatimes.com/news/politics-and-nation/dhfl-promoter-offers-rights-in-10-projects/articleshow/78738776.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst...........ET

19-Oct-2020