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| Exchange Received Time 08/08/2019 15:55:56 Exchange Disseminated Time 08/08/2019 15:56:02 Time Taken 00:00:06 | RELIANCE CAPITAL'S BOARD NOTED THE JOINT STATUTORY AUDITORS' VIEW OF 'NO VIOLATION' UNDER SECTION 143(12) OF THE COMPANIES ACT
RELIANCE CAPITAL'S BOARD ALSO NOTED
INDEPENDENT AND REPUTED LAW FIRM'S OPINION CONFIRMING
'NO VIOLATION' UNDER SECTION 143(12) OF THE COMPANIES ACT
RELIANCE CAPITAL'S BOARD ALSO NOTED SENIOR COUNSEL'S OPINION FURTHER CONFIRMING - 'NO VIOLATIONS' UNDER SECTION 143(12) OF THE COMPANIES ACT
RELIANCE CAPITAL'S BOARD FURTHER NOTED THAT THE ALLEGED BASIS RELIED UPON BY PWC FOR REPORTING UNDER SECTION 143(12) IS ITSELF GROSSLY INADEQUATE, AND DOES NOT EVEN POINT TO A SINGLE SPECIFIC INSTANCE
OF ALLEGED FRAUD
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