Are you holding DHFL Fixed Deposit ? -Here is claim process under insolvency act - Last Date is 17 Dec'19

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Dear All

Please find herewith Public Announcement regarding Insolvency resolution process of DHFL (Dewan Housing Finance). According to this, all deposit holders (FD Holders only) (Matured or to be mature) has to submit their claim with insolvency professionals by 17 Dec’2019.

So please find the attached claim form “Form CA” for the same and also sample “filled form” for your reference. It has been send through mail on dhfladministrator@dhfl.com and through post on the below mention address by depositor only:-

The Administrator,
6th Floor, HDIL Towers, Anant Kanekar Marg,
Station Road, Bandra (East),
Mumbai 400051.

Please attach Photocopy of Fdr, Pan copy, Address proof & cancel cheque copy alongwith claim form.


Important Link : 


Public Announcement  || Sample Form - Form CA || Blank CA form ||

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Comments

  1. AnonymousDecember 5, 2019 at 4:39 AM

    What about NcD holders claim process?

    ReplyDelete
  2. Rajesh KathpaliaDecember 5, 2019 at 8:16 PM

    No need to do anything in case of NCD. CTL will do on your behalf

    ReplyDelete
  3. MDDecember 6, 2019 at 2:10 AM

    For NCD holders amount will be directly credited in bank account?. Probable timelines?

    ReplyDelete
  4. SagarDecember 6, 2019 at 6:34 AM

    How many days did the money come from?

    ReplyDelete
  5. UnknownDecember 6, 2019 at 8:40 AM

    NCD debentures I have..
    Can I claim or not ?

    ReplyDelete
  6. UnknownDecember 6, 2019 at 10:11 AM

    I have ncd secured 4lac.how it will refund

    ReplyDelete
  7. UnknownDecember 8, 2019 at 10:56 PM

    I am having dhfl ncd, what I have to do
    Is this claim process is same for ncd holder

    ReplyDelete
  8. UtkarshDecember 10, 2019 at 5:41 AM

    Non-convertible debenture (NCD) holders will be represented in this claims process by Catalyst Trusteeship Ltd — the debenture trustee for the bonds. The debenture trustee has been quite lethargic in its duties and it was only in June 2019, after DHFL first defaulted on a few obligations, that it disclosed the company’s failure to maintain adequate security for its NCDs of 2016-2018 vintage. DHFL had also skipped maintaining the 15 percent Debenture Redemption Reserve required by the Companies Act from last year. It was only after defaults surfaced that the trustee seems to have initiated legal action against DHFL for these slip-ups.

    The trustee was not very forthcoming in its communications with bondholders. Writing to DHFL’s retail NCD holders for the first time in August 2019, it sought their written consent for an inter-creditor agreement and a draft resolution plan, offering very sketchy details of what the plan demanded.

    Meanwhile, the Insurance Regulatory and Development Authority of India (IRDAI) chairman Subhash Chandra Khuntia said that exposure of insurance companies to the NCDs of debt-ridden DHFL will be written off using due process. While the exact figure is not publicly available, it is estimated that insurers have around Rs50 to Rs70 crore worth DHFL NCDs. But the identity of these insurers is not known.

    ReplyDelete

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