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Reliance Capital Unclaimed Dividend  Form

Reliance Capital Unclaimed Dividend Form

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welcome back uh let's talk about some important uh updates coming in from the Reliance Capital insolvency case the torrent group has written to the committee of creditors asking them to immediately withdraw the second round of auction under the extended mechanism failing which there will be compelled to take legal action joins in with more on this Ritu that's right torrent has now written a letter to the committee of creditors and the administrator of Reliance Capital terming the second round of auction illegal it is said that the COC and the administrator must immediately recall and announce this extended Challenger mechanism otherwise it will be forced to take legal action it's said that inviting a second round of auction would be in breach of the nclt's interim orders which prevented the COC from accepting any revisions and bids until its final order was given out which is still awaited uh also the coc's letter to torrent which termed its highest npv offer as of the first round a su

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