Dhfl | Latest & Breaking News on Dhfl | Photos, Videos, Breaking Stories and Articles on Dhfl (2024)

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• September 21, 2023 12:19 AM IST

  Sebi slaps Rs 6 crore fine on DHFL's former promoters for disclosure lapses

  The fines need to be paid jointly and severally within 45 days, the Securities and Exchange Board of India (Sebi) said in an order.

• September 14, 2023 08:46 PM IST

  SAT stays Sebi's order on Yes Bank's former MD Rana Kapoor

  Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case

• August 04, 2023 11:32 AM IST

  SC refuses to hear Rana Kapoor's bail plea in DHFL money-laundering case

  The court said the DHFL case had put Yes Bank through a lot of trouble, forcing the Reserve Bank of India to intervene, as it asked ED to expedite the trial

• April 26, 2023 06:20 PM IST

  How Rajesh Mokashi’s interference led to DHFL pratfalls for CARE Ratings?

  When team members differed from Mokashi's view on DHFL's AAA rating, even in the face of shoddy business fundamentals, Mokashi asked them to keep an 'open mind'

• April 20, 2023 07:32 PM IST

  Performative obeisance, collective exercise in futility: SEBI on CARE Ratings' independence under former MD

  SEBI cracked down harshly on the interference unleashed by former MD and CEO Mokashi vis-a-vis DHFL credit rating. Mokashi has been accused of interfering in the rating process. Eight whistle-blowers' complaints were received by SEBI alleging CARE Ratings was granting AAA ratings to higher fee-paying clients.

• April 15, 2023 06:45 PM IST

  NFRA imposes fine, bans auditors for 1 year for misconduct in audit of DHFL branches

  In four separate orders, NFRA levied a fine of Rs 1 lakh each on auditors -- Mathew Samuel, Sam Varghese, Harish Kumar T K and M Baskaran. The auditors are partners of audit firm K Varghese & Co.

• December 08, 2022 11:23 AM IST

  Order granting bail to DHFL's Wadhawans not to be given effect to till February 1: Delhi HC

  The high court's order came after the counsel for Wadhawans and the CBI consented to it.

• December 05, 2022 01:56 PM IST

  CBI moves Delhi HC challenging statutory bail granted to DHFL's Wadhawan brothers

  The plea, which was mentioned by the CBI counsel for urgent listing before a bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, is likely to be heard on Tuesday.

• September 21, 2022 03:46 PM IST

  McDowell Holdings ownership battle exposes loopholes in IBC process, say experts

  The McDowell Holdings-Sun Star Hotels case has put the spotlight back on theefficacyof thebankruptcylawas a tool to resolve the problem of bad debts

• July 14, 2022 10:48 PM IST

  Yes Bank-DHFL case | Kapil Wadhawan sanctioned loans of over Rs 400 crore without following norms: CBI

  The agency filed the additional charge sheet in the case of cheating against Yes Bank founder Rana Kapoor and Dewan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan last month.

• July 13, 2022 08:11 PM IST

  DHFL bank-fraud case: CBI arrests businessman from Mumbai

  The CBI conducted searched and recovered a large number of luxury watches worth crores of rupees and other items.

• July 11, 2022 06:16 PM IST

  Retail loans key for Piramal Enterprises NBFC arm’s sustained growth ambitions: Experts

  While the NBFC was able to lower share of wholesale loans to 64 per cent as on March end from 88 per cent last year, it reported a net loss of Rs 321 crore during Q4FY22 on account of higher provisions made for stressed non-real estate wholesale loans.

• July 05, 2022 03:54 PM IST

  5 years on, resolutions under IBC struggle due to poor infrastructure, delays

  Strict timelines prescribed under the code, multiplicity of cases and lesser number of tribunals have increased the backlog of cases

• June 06, 2022 05:21 PM IST

  Supreme Court’s decision on Siva Industriesmay set a goodprecedent for IBC cases, experts say

  The court’s June 3 order will give more power to lenders and ensure speedy recovery in cases under the bankruptcy court, according to bankers and legal experts

• June 02, 2022 04:49 PM IST

  47% of IBC cases ended in liquidation till FY22, shows IBBI data

  Indian lenders are left with no choice except liquidation of stressed assets under the bankruptcy code, thanks to a mismatch between the quoted value of the asset and the bid price, experts said.

• May 26, 2022 08:52 PM IST

  CBI arrests ABIL group chairman Avinash Bhosale in Yes Bank-DHFL scam case

  The CBI on Thursday arrested Avinash Bhosale, chairman of Pune-based real estate group ABIL group, in an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Vadhawan of DHFL, officials said.

• May 14, 2022 01:20 PM IST

  DHFL case:Delhi court grants bail to Wadhwan brothers in multi-crore scam

  The National Company Law Tribunal (NCLT) had on June 7, 2021, approved the resolution plan for DHFL’s reverse merger with Piramal Capital and Housing Finance Limited.

• May 11, 2022 04:14 PM IST

  Personal guarantees can speed up bank loan recovery in default cases, say experts

  The Supreme Court has said creditors can invoke personal guarantees to recover corporate loans, even if the insolvency process hasn’t been triggered

• April 23, 2022 02:14 PM IST

  Yes Bank-DHFL case: Rana Kapoor, Wadhawans laundered money worth Rs 5,050 crore, says ED

  The ED said this in its second supplementary (third overall) charge sheet filed in special court here recently against Rana Kapoor, his family, Wadhawans and others in a money laundering case.

• April 20, 2022 06:30 AM IST

  RBI asks NBFCs to make additional disclosures under scale-based regulation regime

  The disclosures pertain to regulatory requirements, exposure to sectors like real estate, capital market, among others

• April 11, 2022 02:02 PM IST

  DHFL resolution: Supreme Court stays NCLAT January order, to hear appeal on May 5

  The NCLAT had termed it "illegal" for proceeds from avoidance applications to be appropriated by the successful applicant rather than to be disbursed among creditors.

• January 29, 2022 04:17 PM IST

  Piramal ramps up staff strength of PCHFL; plans to add 2000 jobs

  PCHFL acquired DHFL in September 2021 for a total consideration of Rs. 34,250 crore. PCHFL has retained over 3,000 employees of the DHFL Group and are also adding over 2,000 new jobs in the merged entity.

• January 27, 2022 12:59 PM IST

  NCLAT asks CoC to reconsider value of DHFL's recoverable assets

  With this order, now the CoC have to reconsider the provision of section 66 of IBC which mandates that the benefit should go to all the creditors of DHFL, 63 Moons said.

• October 22, 2021 08:55 PM IST

  SEBI confirms directions passed against 12 DHFL promoters

  The market regulator, in an interim order issued in September 2020, blocked the 12 DHFL promoters from accessing the securities market.

• October 02, 2021 08:48 PM IST

  Srei Group Crisis | Banks favour RBI-led DHFL-like resolution

  Some banks also favour SREI board dissolution and appointment of RBI administrator. However, RBI's decision on the Srei Group resolution matter is awaited. In FY 2020, RBI audit flagged Rs 8,576 crore of probable related -party lending by Srei group.