Ex-promoter of crisis-hit Indian lender DHFL urges tribunal to reject bids by Oaktree, others

Crisis-hit mortgage lender DHFL’s erstwhile promoter Kapil Wadhawan has moved the National Company Law Tribunal in Mumbai against the Reserve Bank of India appointed administrator and the committee of creditors (CoC) meant for DHFL’s resolution over the bids made by DHFL’s four suitors.