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Piramal Capital's DHFL resolution plan upheld by SC
Business Standard
|April 02, 2025
The Supreme Court on Tuesday upheld Piramal Capital & Housing Finance Limited's resolution plan for Dewan Housing Finance Corporation Limited (DHFL).
The top court also ordered all monies related to fraudulent transactions recovered under the Insolvency and Bankruptcy Code (IBC) be paid to the successful bidder, that is, Piramal, and not to the lenders of DHFL.
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