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Piramal Group planning to move Supreme Court against NCLAT order on DHFL

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Piramal Group planning to move Supreme Court against NCLAT order on DHFL

The Piramal group is planning to move the Supreme Court to appeal an NCLAT order requiring lenders to reconsider Piramal’s 1 Re 1 value attributable to Rs 45,000 crore of bad loans.

In a statement, Piramal said NCLAT has ordered a committee of creditors (CoC) for one of the appeals, limited to challenge the extent to which the fraudulent transaction’s distribution of proceeds, if any, was for its benefit. “We have analyzed the NCLAT decision in detail and consulted with our legal counsel. We are confident and will continue to pursue this matter as we have multiple legal options for our future actions, including approaching the Apex court,” Piramal said in a statement.

The acquisition of DHFL by the Piramal Group is unaffected and business integration continues as expected.

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In September 2021, PCHFL acquired DHFL for a total consideration of Rs 34,250 crore, it said. PCHFL retains more than 3,000 employees of the DHFL Group and is also adding more than 2,000 new jobs in the combined entity. All 301 branches nationwide have restarted affordable housing loans, the statement added.

Complete News Source : Business Standard

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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