DHFL: RBI was never in favour of Wadhawan’s settlement offer

RBI, in its submission at NCLT Mumbai on January 15, 2021, had said, “Affording the applicant (Kapil Wadhawan) even an opportunity of presenting a settlement offer may amount to permitting the applicant to take benefit of its own wrong, which lead to the complete downfall of DHFL and resultantly, the various stakeholders.”

from Banking & Finance – The Financial Express https://ift.tt/3wEksKm