With as much as 99 per cent votes in favour of Hinduja Group firm IndusInd International Holdings Ltd (IIHL), lenders of debt-ridden Reliance Capital Limited (RCAP) expected to recover cash upfront of Rs 9,661 crore from the Hinduja Group entity, say sources. The Hinduja group made the highest cash offer of Rs 9,661 crore in the second round of bidding, thus receiving acceptance from the lenders of RCAP.
