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Reliance Capital lenders accuse IIHL of non-compliance, company denies claims

By Livemint - 3 months ago
IIHL had sought an extension from NCLT for implementing its resolution plan for Reliance Capital. IIHL was allowed time till 10 August, but subject to conditions, including depositing ₹250 crore in a domestic escrow account and ₹2,500 crore in an offshore escrow account of the CoC by 31 July.

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