Sunday, December 19, 2021

Reliance Naval lenders asked not to vote on resolution plan

Resolution professional (RP) Sudip Bhattacharya, backed by Duff and Phelps, has now cancelled voting on a plan scheduled for December 21. The RP has not yet admitted Citi Securities' ₹2,538-crore claim on the bankrupt shipbuilding company.

source https://economictimes.indiatimes.com/industry/banking/finance/reliance-naval-lenders-asked-not-to-vote-on-resolution-plan/articleshow/88381099.cms

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