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  • News From Press After Edelweiss AMC, Kotak, Axis MFs too move Bombay High Court against DHFL

    After Edelweiss AMC, Kotak, Axis MFs too move Bombay High Court against DHFL

    Source: The Economic Times Oct 18, 2019


     Kotak Mahindra Asset Management and Axis Asset Management on Thursday moved the Bombay High Court seeking a direction to the crippled mortgage lender DHFLNSE 1.24 % to disclose all its assets and liabilities.

    The petitioners also prayed for a temporary restraint on DHFL to prevent it from making further payments/disbursements to secured and unsecured creditors, except certain payments made on pro-rata basis to secured creditors.

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