MUMBAI : The debenture holders of Reliance Home Finance Ltd have issued a legal notice to state-owned Bank of Baroda, accusing it of engaging in foul play, and disregarding the directives issued in a recent Supreme Court ruling. “BoB, the lead bank of the inter-creditor agreement consortium, not only participated but also ensured the Supreme Court order is breached with …
Reliance Home Finance Ltd’s debenture holders have filed a contempt case against Authum Investment and Infrastructure Ltd, Reliance Home, and IDBI Trusteeship, alleging “wilful disobedience” of the Supreme Court’s 3 March order. The SC had authorized AIIL to implement its proposed resolution plan to turn around the company as part of Reliance Home’s corporate insolvency resolution process, in accordance with …
The Supreme Court on Wednesday issued notice on a petition filed by National Council of Dalit Christians seeking a direction to grant Scheduled Castes status to Dalit Christians. This paragraph says that "Notwithstanding anything contained in paragraph 2, no person who professes a religion different from Hinduism, Sikhism and Buddhism shall be deemed to be a member of a Scheduled …
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