After acquisition, this company to discontinue use of Reliance’s…, NCLAT asks to submit…
GH News October 24, 2025 12:06 PM

The National Company Law Appellate Tribunal (NCLAT) has directed Hinduja Group’s IndusInd International Holdings Ltd (IIHL) to provide a specific timeline for discontinuing the use of the Reliance trademark for Reliance Capital.
During the hearing counsel for IIHL informed the tribunal that the process of changing the company’s name following its acquisition of Reliance Capital is already underway and is expected to be completed within eight weeks.
The directive came while NCLAT was hearing an appeal filed by Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVL) which has sought a stay on IIHL’s use of the Reliance brand name after the completion of the insolvency resolution process.
NCLAT On Use Of Reliance Trademark
Noting IIHLs submission a two-member National Company Law Appellate Tribunal (NCLAT) bench recorded in its order It is emphasised by Sr Counsel for the Respondent (IIHL) that the process of changing the brand name of the appellant with a new brand name which is intended to be acquired by the SRA is in process and the same is likely to culminate within eight weeks the NCLAT recorded.
However when asked by the NCLAT as to whether he is in a position to make any statement with regard to the timeline the SRA (successful resolution applicant - IIHL) will not be using the brand name of Reliance IIHLs counsel sought time to seek instructions in this regard.
On this the appellate tribunal asked him to inform about this to bench over after taking the instructions and posted the matter on November 21 for the next hearing.
Having regard to the submissions made by Ld Sr. Counsel for the Respondent list this appeal on 21.11.2025 on which date Ld. Counsel for the Respondent shall come with clear instructions with regard to the usage of the brand name of the appellant said NCLAT bench comprising Members Justice Mohammad Faiz Alam Khan and Naresh Salecha in its order dated October 17 2025.
Earlier in October last year the Mumbai bench of the National Company Law Tribunal (NCLT) had dismissed ADAVLs plea in this regard. Subsequently ADAVL has challenged this matter before the NCLAT.
How Was Reliance Capital’s Bid Process?
Reliance Capital was placed under the RBI-appointed administration in November 2021 due to governance lapses and payment defaults associated with the Anil Dhirubhai Ambani Group.
The central bank appointed Nageswara Rao Y as the administrator who subsequently invited bids for the companys takeover in February 2022.
In April 2023 IIHL emerged as the successful resolution applicant by winning the bid for Reliance Capital under the Corporate Insolvency Resolution Process (CIRP) with an offer of Rs 9650 crore.
Later the company paid Rs 200 crore to bolster Reliance General Insurances (RGIC) solvency which was over and above the bid amount.
(With Input From PTI)