Inside Dfcu-Crane Bank takeover: Will Sudhir have the last laugh?

The Central Bank had statutory powers to take over Crane Bank, its assets and liabilities, but did it stretch this a little too far when it decided to claim 42 properties that were occupied by Crane Bank but belonged to Meera Investments? Did Dfcu’s transaction advisors and lawyers mislead them to fall for the Central Bank position even when they perhaps knew that Central Bank did not have regul