The case involves multiple Interlocutory Applications (IAs) related to the Corporate Insolvency Resolution Process (CIRP) of Reliance Capital Ltd. The primary focus is on IA 150/2023, an application filed by a Prospective Resolution Applicant (PRA) seeking the impleadment of IndusInd International Holdings Limited as a party respondent in IA 1/2023, which was filed by Torrent Investment Private Limited. The CoC is considering extending the challenge mechanism.
The Reserve Bank of India initiated CIRP against Reliance Capital Ltd. Several Interlocutory Applications (IAs) are pending, including IA 1/2023, IA 99/2023, IA 150/2023, IA 631/2022, IA 942/2022, IA 1838/2022, and IA 2186/2022. IA 150/2023 was filed by a Prospective Resolution Applicant (PRA) seeking the impleadment of IndusInd International Holdings Limited as a party respondent in IA 1/2023, which was filed by Torrent Investment Private Limited. The Committee of Creditors (CoC) is considering extending the challenge mechanism. The Administrator's argument has concluded. Torrent Investment Private Limited and IndusInd International Holdings Limited stated that they will not withdraw from the challenge mechanism.
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Order sheet…
List these Interlocutory Applications…
The case involves multiple Interlocutory Applications (IAs) related to the Corporate Insolvency Resolution Process (CIRP) of Reliance Capital Ltd. The primary focus is on IA 150/2023, an application filed by a Prospective Resolution Applicant (PRA) seeking the impleadment of IndusInd International Holdings Limited as a party respondent in IA 1/2023, which was filed by Torrent Investment Private Limited. The CoC is considering extending the challenge mechanism.
The Reserve Bank of India initiated CIRP against Reliance Capital Ltd. Several Interlocutory Applications (IAs) are pending, including IA 1/2023, IA 99/2023, IA 150/2023, IA 631/2022, IA 942/2022, IA 1838/2022, and IA 2186/2022. IA 150/2023 was filed by a Prospective Resolution Applicant (PRA) seeking the impleadment of IndusInd International Holdings Limited as a party respondent in IA 1/2023, which was filed by Torrent Investment Private Limited. The Committee of Creditors (CoC) is considering extending the challenge mechanism. The Administrator's argument has concluded. Torrent Investment Private Limited and IndusInd International Holdings Limited stated that they will not withdraw from the challenge mechanism.
Order sheet…
List these Interlocutory Applications…