Ex-directors of DHFL seek to be part of Committee of Creditors

“The administrator of DHFL is not allowing us with the arguments that the board is not replaced like normal corporate insolvency resolution process (CIRP) but it was superseded by the Reserve Bank of India (RBI),” said senior counsel JJ Bhat who was appearing for the former directors of the company.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ULOk8b