As per the Insolvency and Bankruptcy Code (IBC) rules, the administrator had to close the resolution of RCL within 180 days -- by June 3. In addition, the CoC also decided to extend the last date for submission of the resolution plan by the prospective bidders from June 20 to July 11.source https://economictimes.indiatimes.com/industry/banking/finance/banking/lenders-extends-timeline-for-reliance-capital-resolution-by-2-months-to-november/articleshow/92471302.cms
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