Mumbai: The Reserve Bank of India (RBI) on Thursday announced that it has filed an application for the initiation of a corporate insolvency resolution process (CIRP) against Aviom Housing Finance Pvt Ltd under the Insolvency and Bankruptcy Code (IBC) at the New Delhi Bench of the National Company Law Tribunal (NCLT).
In a separate statement, the RBI also announced the formation of a three-member advisory committee to assist the company’s administrator, Ram Kumar, ex-Chief General Manager of Punjab National Bank. The committee comprises Paritosh Tripathi, ex-Chief General Manager of State Bank of India, Rajneesh Sharma, ex-Chief General Manager of Bank of Baroda, and Sanjaya Gupta, ex-Managing Director and CEO of PNB…
