Bombay HC allows Edelweiss AMC's plea for disclosure of all DHFL assets

The Bombay High Court (HC) on Thursday allowed Edelweiss AMC’s plea seeking disclosure of assets and liabilities of Dewan Housing Finance Corporation (DHFL). 

The court also extended the injunction on DHFL from making repayments to either secured or unsecured lenders, until further order. 

The court gave four weeks’ time to DHFL to file its reply. The court was hearing both Nippon India Mutual Fund and Edelweiss AMC’s pleas in the matter pertaining to DHFL dues.

Shares tumble 10%

Shares of DHFL continued with their downtrend as they tumbled nearly 10 per cent and hit their lower circuit limit on Thursday, after Edelweiss