The planned e-auction for RCL, as approved by the committee of creditors (CoC), is scheduled to be held on December 21, and the exit of the highest bidder on the eve of the auction has come as a big jolt to the lenders.
source https://economictimes.indiatimes.com/industry/banking/finance/cosmea-pulls-out-of-race-to-acquire-reliance-capital/articleshow/96379142.cms
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