Monday, November 30, 2020

Rebids for DHFL likely to be called this week; all four suitors including Adani Group will be given a chance to revise their offers

Creditors are confident that they are well within their rights to ask for a rebid as they seek to maximise returns. They have also sought former attorney general Mukul Rohatgi’s opinion on whether rebids can be done in the current situation especially in the light of opposition from three bidders to the Adani Group’s late bid.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rebids-for-dhfl-likely-to-be-called-this-week-all-four-suitors-including-adani-group-will-be-given-a-chance-to-revise-their-offers/articleshow/79502367.cms

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