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RCOM APPEAL
Spectrum of bankrupt telcos who owe statutory dues cannot be sold: Govt to SC"Spectrum can never be a subject of sale in IBC proceedings," solicitor general Tushar Mehta told the three-judge SC bench, headed by Justi...- Reliance Communications heads to bankruptcy courtNCLT will now hear the insolvency case on May 7 and appoint an IRP to manage the company – under a debt of some Rs 46,000 crore.
- NCLAT sends RCom back to insolvencyEricsson started insolvency proceedings against RCom in 2017 over non-payment of dues of over Rs 1,500 cr.
- Ericsson may have to refund Rs 550 cr to RCom if insolvency proceedings revived: NCLATAn observation by a two-member NCLAT bench threatens to turn the clock back on Ericsson.
- Reliance Communications moves NCLAT to stop permit cancellationRCom’s March 13 spectrum payment deadline included a 10-day grace period. A telco has 20 days to respond to a show-cause notice.
- NCLAT reserves order on RCom plea to release fundsAfter hearing both the sides, the NCLAT bench headed by Chairperson S J Mukhopadhyay reserved the order in the case.
- RCom requests DoT to quickly reply to tribunal on SUC issueRCom also needs to budget for additional time as either party — itself or the DoT — is likely to challenge any adverse TDSAT order in the S...
- RCom shares jump over 4% on settlement talkThe NCLAT is scheduled to hear RCom and Ericsson dispute later today.
- RCom reaches pact with minority investors of Infratel; moves closer to truce with EricssonA truce between Ericsson and the telco appeared imminent, with both sides veering towards Rs 600-700 crore as settlement amount that would ...
- Lenders to oppose NCLT decision to start RCom bankruptcy proceedingsRCom and its two units opposed the NCLT order, saying the Swedish company was an operational creditor.
- RCom plea against insolvency to be heard by NCLAT tomorrowThe plea of Anil Ambani-run RCom was mentioned today before the bench of the National Company Law Appellate Tribunal (NCLAT), seeking an ur...
- Supreme court orders Status Quo on RCom assets saleIn view of intervening court holidays on march 29 and 30, the matter has been fixed for hearing in the following week on Thursday, April 5
- Avaya India moves NCLT against Reliance Communications“Rcom has not paid dues for call centre services from January to September , 2017,” said legal counsel for Avaya, Abhishek Adke.
- NCLT gives Reliance Communications and Ericsson a week’s time to negotiateEricsson had earlier told the tribunal that RCom had not paid them their dues for the past two years and only few post-dated cheques were g...
- Bombay HC dismisses RCom's appeal against arbitration order barring asset saleAccording to lawyers present in the court room, the court dismissed all three appeals filed by Reliance Communications and its two companie...
- Manipal Tech withdraws bankruptcy plea against RCom"The appeal is disposed of as withdrawn," noted a two-member bench of NCLAT Justices A I S Cheema and Balvinder Singh, in its order.
- Supreme Court dismisses SLP against Reliance CommunicationsRCom had appealed against the IT Department order, and the I-T Appellate Tribunal and Bombay High Court had upheld its appeal.
- Restore SMS interconnection of Reliance Communications: TDSAT to Bharti AirtelTelecom tribunal TDSAT today asked Bharti Airtel to immediately restore the SMS interconnection of Reliance Communications (RCom) on its ne...
- SC admits RCom petition challenging TDSAT orderBSNL had also issued a disconnection notice from its network to the ADAG group for wrong routing of international calls in Karnataka circle.
- SC admits RCom petition challenging TDSAT orderThe Supreme Court has admitted the petition of Reliance Communications challenging the order of the telecom tribunal TDSAT, which had set a...
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