Oaktree Capital and Piramal Capital & Housing Finance have emerged as top bidders in fourth round, trumping Adani Properties that entered via a lateral entry in third round. CoC will likely go with one promising higher upfront cash

All three rival bidders had cried foul over Adani's bid earlier, saying the group had submitted the bid past the deadline and sought disqualification of Adani

Now, the bidders will have an option to either submit a fresh bid or continue with November 17 bid. Additionally, DHFL's creditors have also given the freedom to bid either for a portion of the loan book or for the entire portfolio