You’re all caught up: RBI-appointed CoC for DHFL
You’re all caught up: RBI-appointed CoC for DHFL Posted on 04/12/2022 Updated on 09/12/2022 1 . Addressed to: Mr. Shaktikanta Das, the Governor, the Reserve Bank of India Now you are enjoying the advice of four unofficial directors⤡ . However, when you were alone, you have blindly passed the Resolution Plan of CoC for the DHFL on 18/02/2021. At that time, why didn’t you see what had been seen by the NCLT first order ⤡ and the NCLAT second order⤡ on the DHFL Scam. We are rephrasing this question as follows: a) You don’t see any irregularities and anything contrary to law as mentioned by NCLAT Second Order. “…the said Resolution plan and the minutes of the 18th CoC meeting were contrary to law, illegal and are void…” NCLAT Second Order (p. 7), 27/01/2022 Furthermore, b) Why didn’t you consider the old promoters’ (in this case, Mr. Kapil Wadhawan’s) right to invoke personal guarantees when his/her company goes insolvent? Bankrupt...