{"id":263933,"date":"2019-03-13T06:20:20","date_gmt":"2019-03-13T06:20:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263933"},"modified":"2019-03-13T06:20:20","modified_gmt":"2019-03-13T06:20:20","slug":"hc-asks-reliance-group-firms-edelweiss-nbfc-arm-to-settle-out-of-court","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hc-asks-reliance-group-firms-edelweiss-nbfc-arm-to-settle-out-of-court\/","title":{"rendered":"HC asks Reliance group firms, Edelweiss&#8217; NBFC arm to settle out of court"},"content":{"rendered":"<p>The Bombay High Court (HC) on Tuesday asked Anil Ambani-led Reliance group companies and Edelweiss\u2019 non-banking financial (NBFC) arm ECL Finance to try and find a workable solution out of court. The next court hearing would be on March 26. <\/p>\n<p>Lawyers representing Anil Ambani group companies \u2014 Reliance Wind Turbine Installators Industries and Reliance Project Ventures and Management \u2014 said the company is looking for a strategic investor who can buy promoter shares and gain control of the company. No particular company was mentioned. <\/p>\n<p>Counsels representing the two sides reiterated their arguments on the sale of pledged shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bombay High Court (HC) on Tuesday asked Anil Ambani-led Reliance group companies and Edelweiss\u2019 non-banking financial (NBFC) arm ECL Finance to try and find a workable solution out of court. The next court hearing would be on March 26. Lawyers representing Anil Ambani group companies \u2014 Reliance Wind Turbine Installators Industries and Reliance Project Ventures and Management \u2014 said the company is looking for a strategic investor who can buy promoter shares and gain control of the company. No particular company was mentioned. Counsels representing the two sides reiterated their arguments on the sale of pledged shares.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-263933","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263933"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263933\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}