shardhr
April 26, 2021, 10:53am
1933
@BudFox & others :- This was in the resolution doc published in Jan after approval. While m not able to find entire pdf now, pasting below related articles and the VP post link where the screenshot was pasted:-
I never intended to have any conflict with you,but I strongly object to your statement that I am trying to use this forum for some agenda or that I am lowering the standard in any way.
This is not a case of pure arbitrage as lots of issues are yet to get clarity,nothing here can be exactly quantified or defined…not the amount and not the time frame, there are multiple legal cases pending even as the CIRP process is going on.
Upfront cash being offered is approx Rs 12700 Crore by Piramal and Rs…
https://www.financialexpress.com/industry/banking-finance/dhfl-fd-holders-plan-to-vote-against-resolution-on-distribution-mechanism/2167429/
The plan mentioned clealry stated that both secured NCD & FD holders of upto Rs.2 lakhs vl be redeemed the entire principal amount.
