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Torrent Investment has submitted a Letter of Urgency to the Supreme Court, indicating its intent to challenge the resolution plan. The Supreme Court is set to hear Torrent’s renewed appeal on October 11.
Despite an unsuccessful appeal on August 25, Torrent remains firm in its opposition as the plan awaits final sanction from the National Company Law Tribunal, which is scheduled for October 25. The outcome of this legal dispute could have significant implications for the future of Reliance Capital’s assets.
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