NCLT directs IIHL to put Rs 2,750 cr in RCap account

February 27, 2025

IIHL’s counsel, Abhishek Manu Singhvi, assured the court that previous issues with transferring equity funds to the escrow account have been resolved and asked for another 10 days to complete the deal. The court granted the extension and scheduled the next hearing for March 12.

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