approval of the resolution plan submitted by IndusInd International Holdings Ltd
Latest News on Reliance Capital Resolution Plan ( 24 July 2024 )
The approval of the resolution plan submitted by IndusInd International Holdings Ltd. (“IIHL” or the “Successful Resolution Applicant”) in the corporate insolvency resolution process of Reliance Capital Limited (“RCL”) by the Hon’ble National Company Law Tribunal, Mumbai bench ("NCLT”) vide its order dated February 27, 2024 (“Approved Resolution Plan”).
Please note Reliance Capital Holds 98.67% in Reliance General Insurance. After this resolution, the IIHL will become holding company of Reliance General Insurance.
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