Last year, the Mumbai bench of the National Company Law Tribunal (NCLT) had admitted the company for insolvency resolution. It had appointed Indian Overseas Bank's former managing director and CEO R Subramaniakumar as the company's administrator.source https://economictimes.indiatimes.com/industry/banking/finance/banking/dhfl-case-auditor-flags-fraudulent-transactions-worth-rs-17394-crore/articleshow/77899005.cms
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