Reliance Capital's lenders unanimously vote for second auction

The administrator, Nageswara Rao Y, invited vote for second auction amidst protest from Torrent Investments, a bidder in the fray for acquiring the company. The Mumbai bench of National Company Law Tribunal will hear Torrent's petition Thursday which will see powerful representation of senior legal counsels.

from Banking/Finance-Industry-Economic Times https://ift.tt/wmy1tRY