Writes to DEA and Sebi for Covid-19 support fund for closed-ended debt schemes
Shares of DHFL, meanwhile, tanked 4.8 per cent in the intra-day trade to hit a day's low of Rs 14.9 apiece on the BSE
The payments to the lenders or NCD holders remain in abeyance and will be subject to the outcome of the CIRP process, the company said.
The Wadhawans, now arrested, have challenged the Bombay High Court's May 12 order rejecting their plea for pre-arrest bail.
The new management, led by RBI-appointed administrator, has said till forensic audits and probes by CBI and ED are over, it won't be able to present a clear view of financial data of the company
Firm has seen huge drop in loan assets, with housing and other loans at the end of Q4 at Rs 66,202.68 cr from Rs 97,978.12 cr a year ago
The court sent them to jail after no further remand was sought by the central investigating agency
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The Wadhawans are presently in jail after being arrested by the Central Bureau of Investigation (CBI), which is also probing the same case
As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody
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The Wadhawan brothers are named as accused in the CBI FIR pertaining to swindling of money by Rana Kapoor and others, the officials said
The court has asked the Enforcement Directorate (ED) to file its reply on Thursday and directed the agency not to take any coercive action until then, the lawyer added
The bureaucrat had issued a letter exempting the Wadhawans from the lockdown norms citing a family emergency
The Wadhawan brothers and their kin used the cars to travel to their farmhouse in Mahabaleshwar in order to dodge agencies investing the Yes bank-Rana Kapoor kickback case
According to the complaint, the Wadhawan family had no medical or family emergency to visit the place and they had not obtained any permission in this regard
Police found 23 people including members of the Wadhawan family at their farmhouse, an official said.
The Corporate Insolvency Resolution Process (CIRP) was initiated against the debt-ridden company as per the provisions of the Insolvency and Bankruptcy Code, 2016 with effect from December 3, 2019