DHFL resolution: Kapil Wadhawan writes to SEBI, RBI against 63 Moons

New Delhi, Dec 8 : Alleging 63 Moons was hampering the resolution process of DHFL for their “illegal and malifide” intentions, DHFL’s erstwhile promoter Kapil Wadhawan has written to capital market regulator SEBI, the Reserve Bank of India and DHFL administrator asking them to take steps to prevent actions which may obstruct the resolution process.
Last month, 63 Moons had filed a writ petition before the Madras High Court seeking direction to the Tamil Nadu government and the competent authority to attach various assets belonging to DHFL or in which DHFL holds direct or indirect interest or the assets offered by Wadhawan.
Wadhawan alleged that 63 Moons is seeking to get precedence over every other creditor of DHFL including the FD holders who won’t be able to get their dues if any order is passed as prayed for by 63 Moons.
“It is imperative that immediate steps be taken by every regulatory authority to prevent the malafide actions of 63 Moons,” he said in his letter.
Copies of the letter have also been marked to the Prime Minister’s Office and the Ministry of Corporate Affairs.
63 Moons Technologies had invested Rs 200 crore in non-convertible debentures issued by DHFL with the payment to be made since 2023.