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NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...- Reliance Communications’ committee of creditors to meet on ThursdayThe agenda for the meeting was not disclosed in a filing to the stock exchanges. Mails sent to the resolution professional for RCom on the ...
- Department of Telecommunications won’t renew licence until RCom clears dues“DoT has informed RCom that it cannot renew telecom licences unless previous spectrum related dues are cleared. This followed the resolutio...
- Aircel, RCom lenders may challenge NCLAT order on spectrum as they may lose Rs 60K crAccording to the experts and sources working with a committee of creditors, who did not wish to be named, the order may block transfer of A...
- Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian and Foreign BanksAccording to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, which ...
- RCom insolvency process to collapse if spectrum is not a part: SBI tells Supreme CourtWithout any spectrum to use, the telco would cease to continue as a going concern and cannot be transferred as a going concern, as required...
- RCom's committee of creditors to meet on MondayUV Asset Reconstruction Company is learnt to have placed a bid of around Rs 14,700 crore, while Reliance Jio has made an offer of Rs 4,700 ...
- RCom may approach NCLAT for Rs 577 crore refund from EricssonRCom says Swedish telecom equipment company should not have got its dues when other creditors are still awaiting proceeds
- Reliance Communication RP can’t demand Rs 576-cr refund: EricssonDeloitte sought the refund, saying the Swedish company had to be treated at par with other operational creditors and that the insolvency re...
- Resolution professional writes to Swedish company: RCom asks Ericsson to refund Rs 579.74 croreThe Anil Ambani co says the telecom gearmaker has to be treated on par with other operational creditors.
- SC stays appellate tribunal’s order in RCom OTSC CaseThe order may have wider ramifications for the broader industry and implies that Reliance Communications may have to provide 2,000 cr.
- SC gives DoT a boost in RCom one time spectrum fee case“Currently, SC has granted an interim stay of TDSAT judgement. It is subject to the outcome of full and final hearing of all the operators,...
- Reliance Communications lenders to seek Rs 580 crore from Ericsson claiming violation of IBCMoney was paid by Reliance Communications to Ericsson under Supreme Court order.
- 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.
- RCom accuses Ericsson of ‘distorting’ facts with contempt petitionIn its statement, the telecom operator, which is struggling to repay some Rs 46,000 crore of debt, said the Swedish company’s conduct “grav...
- Dues settlement row: RCom says Ericsson attempting media trial, endangering interest of creditorsIt also said that Ericsson is sensationalising and distorting the issue.
- RCom, Ericsson talks hit fresh hurdle, but Anil Ambani may find an escape hatchEricsson is driving a hard bargain to recover its RCom dues. But experts said changes in the insolvency law may come to the rescue of the b...
- 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...
- This Chinese lender offers Indian banks a risky RelianceRCom's previous attempts to deleverage by merging its cellular business with another operator and selling a stake in the towers have come t...
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