MoneyWorks4Me

Reliance Capital informs about disclosure

03 Dec 2019 Evaluate

Reliance Capital has informed that Vistra ITCL (India), Trustees for the Debentures issued by the Company has filed Original Application, before the Debts Recovery Tribunal - Mumbai (DRT), towards recovery of dues to the Debenture Holders. The Company is legally advised that the said DRT filing is entirely misconceived and in violation of the provisions of the respective Debenture Trust Deeds, and the same will be duly challenged on those amongst other grounds. The Company shall take all appropriate steps in the matter as legally advised to protect the interests of its lenders and other stakeholders.

The above information is a part of company’s filings submitted to BSE.




Peers