The Securities and Exchange Board of India (Sebi), however, opposed it alleging violation of its circular related to voting process of debenture holders (DHs). A Bench led by Justice BR Gavai - while reserving its judgment on giving approval for AII's resolution process (RP) - asked all parties to file a small note of their submissions.
source https://economictimes.indiatimes.com/industry/banking/finance/ready-to-take-over-reliance-home-finance-by-mar-31-authum-tells-sc/articleshow/98284436.cms
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