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RCOM S COC
Two Reliance Communications units to sell properties, including DAKC“…the board of directors of two wholly owned RCom subsidiaries, RRL and CPL (referred to as `selling companies’) have vide their respective...- 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 ...
- State Bank of India moves to remove Reliance Infratel’s fraud tagThe move comes days after Reliance Jio Infocomm, the designated buyer of Infratel’s assets, had moved the bankruptcy court to seek forensic...
- DoT opposes RCom resolution plan, says RP hasn’t sought nod for spectrum assets saleRejecting the RCom resolution plan, DoT in NCLT also alleged that even the name of the licensee company is unclear in the plan, and no prov...
- Reliance Communications files resolution plan with NCLT“RCom in accordance with the stipulations contained in Regulation 30 of the SEBI ....hereby informs ...that resolution professional of RCom...
- SBI board approves Rs 23,000-crore RCom insolvency resolution plan: SourcesJio placed bid for Reliance Infratel's tower and fibre assets & UVARC for assets of RCom & Reliance Telecom.
- 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 ...
- Lenders may net Rs 20,000 crore: Jio, UV Asset Recast Co top bidders for RCom assetsBankers have named Jio as the preferred bidder for the tower and fibre assets housed in Reliance Infratel, while UVARCL will acquire the sp...
- Jio, UVARC emerge top bidders for RCom assetsReliance Jio had placed Rs 4,700-crore bids for mobile tower and fibre assets of RITL. With this, the 38 lenders of RCom would recover 75% ...
- SC rejects Centre's plea challenging refund of Rs 104 crore ordered by TDSAT to RComThe Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had on December 21, 2018 directed the Centre to return around Rs 104 crore a...
- All or nothing? It's Hobson's choice for Anil Ambani's lendersThe bids have offered very little upfront cash or are unworkable in the current form, said bankers.
- RCom's committee of creditors to meet on WednesdayReliance Communications' committee of creditors (CoC) will hold a meeting on Wednesday, the company said in a regulatory filing on Tuesday.
- RCom lenders to meet January 2 to consider asset bidsThe bankrupt telco RCom and its units are under the reins of resolution professional (RP) -Deloitte and the resolution process is slated to...
- RCom Insolvency: CoC expects to raise Rs 14,000 cr from assetsAssets up for sale include airwaves in the 850 MHz band in 14 of India’s 22 telecom circles, about 43,000 telecom towers, some fibre and da...
- RCom subsidiary files for bankruptcy in USGlobal Cloud Xchange has missed payments on $350 m of 7% bonds that matured in Aug
- Reliance Communications unit GCX files for bankruptcyRCom in May this year had mentioned that GCX’s value was eroding.
- RCom conducts second CoC meeting to discuss updates, appoint other advisorsThe dedicated bankruptcy court had appointed Deloitte as the RP for RCom and its units -Reliance Telecom and Reliance Infratel on June 21.
- Doha Bank claims voting rights in Reliance Infratel wrongly reducedDoha Bank sought a stay on a meeting of the RCom committee of creditors (CoC) until the National Company Law Tribunal rules on its plea. Th...
- RCom panel of creditors meeting on May 30The CoC will be viewing the report submitted by the interim resolution professional (IRP) on claims of dues filed against RCom.
- 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...
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