NCLAT ordered the committee of creditors (COC) of DHFL to relook at Piramal ascribing a value of only Re.1 to the Rs.45,000 crore bad loans of DHFL. As per the latest NCLAT ruling, any proceeds from these debtors will go to the creditors and not to Piramal.
NCLAT ordered the committee of creditors (COC) of DHFL to relook at Piramal ascribing a value of only Re.1 to the Rs.45,000 crore bad loans of DHFL. As per the latest NCLAT ruling, any proceeds from these debtors will go to the creditors and not to Piramal.