The Hinduja Group also provided Rs 850 crore as deferred payment, including payments to release the pledged shares of Reliance General Insurance. Before being admitted for insolvency proceedings, Reliance Capital had raised Rs 600 crore in bonds by pledging shares of the general insurance company. After the company was admitted for insolvency, the debenture trustee was unwilling to release the share pledge until the bonds were redeemed.

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