PMLA court discharges DHFL, grants immunity under IBC after change in management

In a landmark decision, a Mumbai special court has granted DHFL relief from a money-laundering accusation, citing its immunity under the Insolvency and Bankruptcy Code. This ruling comes in the wake of the approval of DHFL's resolution plan and a shift in leadership, with Piramal Capital and Housing Finance now steering the company.

from News-Economic Times https://ift.tt/RXUP0Wc
via IFTTT

Comments

Popular posts from this blog

Zach Bryan ‘With Heaven On Tour’: Country singer to embark on international tour across Europe and North America in 2026; check tour dates and venues as presale registration begins soon

Oktoberfest 2025 begins this weekend: Dates, location, timings, tickets price, packages and all details

Peace clause invoked 6th time to offer rice subsidies