RCap lenders withdraw appeal before NCLAT – The Financial Express
The Financial ExpressLenders of debt-laden Reliance Capital (RCap), who had filed an appeal before appellate tribunal against the bankruptcy court’s ruling to maintain status quo, have withdrawn their plea. The lenders, led by Vistra ITCL (India) Ltd, had moved NCLAT on Tuesday stating they were losing money due to the stalemate in the resolution process … Read more