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News Topical, Digital Desk : Anil Ambani, once India's most wealthy billionaire, was once a powerful figure. The shares of his companies used to soar at breakneck speed. But today, the story has changed. Many of his companies have closed down. Many are undergoing bankruptcy proceedings. Reliance Home Finance Limited is one of those companies.
There's a news story about this. The news comes from information provided in an exchange filing. In fact, 28 people expressed interest in saving Anil Ambani 's company, of which 12 submitted plans.
The company disclosed this in an exchange filing. This means that a total of 28 individuals/companies initially expressed interest, but ultimately only 12 submitted complete plans.
The company is going through the insolvency process
Resolution Professionals are handling the bankruptcy process. New buyers/investors are being sought to save the company.
Simply put, Anil Ambani's Reliance Home Finance Limited is currently in the Corporate Insolvency Resolution Process (CIRP). This means the company has a significant debt burden and is unable to repay it, so the court has initiated the insolvency process.
Meeting of the Committee of Creditors
Reliance Home Finance Limited, as part of its ongoing Corporate Insolvency Resolution Process (CIRP), held its 6th Committee of Creditors (CoC) meeting on February 18, 2026. The meeting was conducted via video conferencing under the supervision of Resolution Professional Umesh Balram Sonkar.
Who is the resolution professional of RHFL
The corporate insolvency resolution process for Reliance Home Finance Limited was initiated after the earlier information dated September 20, 2025.
The company has been operating under CIRP since then, with the resolution professional overseeing the proceedings and coordinating with the Committee of Creditors.
Umesh Balram Sonkar is acting as the resolution professional for the CIRP proceedings of Reliance Home Finance Limited.
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