Lenders to bankrupt financial services firm Reliance Capital on Tuesday ruled out the liquidation of the company, saying it would lead to value destruction.
"The liquidation option is not on the agenda for now. The focus is to get maximum value in bidding," said a person close to the development. The lenders of Reliance Capital met in Mumbai on Tuesday to take stock of the various offers received by them.
The source said the agenda for negotiations with the current bidders is being firmed up and it will take another two-three days to finalise it.
Bu hikaye Business Standard dergisinin December 07, 2022 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin December 07, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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