Reliance Housing Finance resolution likely to hit barrier due to Shapoori Pallonji Group's HC stay in 2019

As per the stay obtained by SP Group, RHFL is prohibited from disposing, alienating, encumbering either directly or indirectly or otherwise part with the possession of any its assets, thus directly impacting the ongoing debt resolution.

from Banking/Finance-Industry-Economic Times https://ift.tt/37WvHny