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DHFL resolution: Oaktree Capital shoots letter to RBI, seeks fair play

Oaktree said information is being presented in an incomplete and inaccurate manner to discredit its bid

DHFL
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DHFL is undergoing the Corporate Insolvency Resolution Process (CIRP), and is currently being managed by an administrator who is being assisted by an advisory committee in discharging duties

Abhijit LeleDev Chatterjee Mumbai
Oaktree Capital, one of the bidders for troubled mortgage firm DHFL, has alleged, that inspite of it offering maximum value to stakeholders, there is a consistent campaign to misrepresent information about its bid.
 
The firm shot-off a letter to Reserve Bank of India (RBI) on Sunday, ahead of voting by lenders on bids which begins this week. Oaktree and Piramal group are in close race to get control over DHFL. The Adani group is also in fray.
 
Oaktree said information is being presented in an incomplete and inaccurate manner to discredit its bid.

The Oaktree letter confirms that it