After walkout fiasco, DHFL extends deadline for fresh bids to Dec 14

Value maximisation should be core principle: former AG Mukul Rohatgi

It is on the advice of former attorney general of India Mukul Rohatgi that the committee of creditors (CoC) to Dewan Housing Finance Corporation (DHFL) has sought fresh bids for the bankrupt housing firm.
 
Fresh bids are to come by December 14, thus giving an opportunity to all bidders.
 
The CoC had sought Rohatgi’s opinion after some bidders — Piramal Group, SC Lowy, and Oaktree — had objected to a far higher bid of Adani Group for the company and threatened to walk out of the process.
 
“The Administrator/CoC must open all revised bids received, including that