RCFL Saga: Chronology of Key Events

S.No.	Date	Event / Description	Attachment / Annexure
1	July 6, 2019	Reliance Commercial Finance Ltd. (RCF) and Reliance Home Finance Ltd. (RHF) entered into an Inter-Creditor Agreement (ICA) with lenders under the RBI’s Prudential Framework dated June 7, 2019.	RHF ICA Agreement
2	August 29, 2019	Bank of Baroda (BoB), as the lead bank, appointed Grant Thornton India LLP. Engagement letter for RHF and RCF attached.	RHF Engagement Letter RCF Engagement Letter
3	January 2020	Grant Thornton India LLP issued reports for both RCF and RHF.	RHF GT Report RCF GT Report
4	January 2020	Following the GT reports, RHF obtained seven expert opinions confirming no fraud.	RHF Expert Opinions 1. CJI V N Khare 2. CJI Dipak Misra 3. Rajiv 4. P K Malhotra 5. V K Sharma 6. Chhajed & Doshi 7. Khaitan & Co.
5	February 2020	Subsequently, BoB and other lenders requested Grant Thornton to conduct an end-use of funds review in RHF. (Addendum to GT Engagement Letter for both RCF and RHF).	RHF Addendum Letter RCF Addendum Letter
6	May 2020	RHF GT End use report.	RHF GT End-Use Report
7	May 2020	Independently, RCF and RHF commissioned Brahmya and Singhi to conduct an end-use of funds review, which concluded that 98% of the funds were utilised for repayment of debt within RCF/RHF or other companies.	Brahmya Report Final Signed RHFL Certificate Final Signed_Annexures RCFL Certificate End Use Annexure 1 End Use Annexure 2Singhi Report Annexure 1 Annexure 2a Annexure 2b Final Report and Annexures RHF Singhi End use report
8	September 2022	RCF Lenders Implementation Memorandum.	RCF LIM
9	Dec 2022	Yes Bank Assignment documents.	Assignment Agreement / Intimation File 1 File 2
10	2023	RHF Supreme Court Paper Book.	Paper Book
11	March 2023	RHF Lenders Implementation Memorandum, RHF Business Transfer Agreement, and RHF Debenture Trustee Implementation Memorandum.	RHF LIM RHF BTA RHF DTIM
12	Sept 2025	CBI Chargesheet Press Release.	Press Release