Khushru Jijina & Jairam Sridharan on DHFL Monitoring Committee

In line with the National Company Law Tribunal's (NCLT) order to form a seven-member monitoring committee, Piramal Capital and Housing Finance has appointed the company's top bosses - CEO Jairam Sridharan and MD Khushru Jijina as the two members on its behalf.

BY Realty Plus
Published - Saturday, 26 Jun, 2021

Khushru Jijina & Jairam Sridharan on DHFL Monitoring Committee

In line with the National Company Law Tribunal's (NCLT) order to form a seven-member monitoring committee, Piramal Capital and Housing Finance has appointed the company's top bosses - CEO Jairam Sridharan and MD Khushru Jijina as the two members on its behalf. NCLT had also asked the Committee of Creditors (CoC) to nominate three members. Representatives of the top lenders have been nominated. The three members will include a representative from SBI, one from Union Bank of India and a third member from the Debenture Trustee of NCD holders. The CoC also voted against a higher payout consideration to small creditors and FD holders in the voting window that closed on June 22.