NCLT to hear case on Reliance Capital's 2nd auction on January 16 amid Torrent's protest

The matter was adjourned since the Hinduja group entity, another bidder in the fray and the committee of creditors sought additional time to file their replies. Reliance Capital's proposed second auction was challenged by Torrent Investments, a bidder in the fray to acquire Anil Ambani promoted financial services company undergoing an insolvency process.

from Banking/Finance-Industry-Economic Times https://ift.tt/mLvgbT2