Latest


Reliance Jio moves NCLT against Reliance Infratel COC

  •   Wed, May 26 2021 07:09:26 PM

Mumbai, May 26 (IANS): Reliance Jio has moved the NCLT against the Committee of Creditors (CoC) of Reliance Infratel Ltd (RITL).

According to sources, Reliance Jio, through Reliance Project and Property Management Services Ltd, has filed an application in the NCLT Mumbai against the CoC of Reliance Infratel Ltd (RITL).

The RITL CoC is led by the State Bank of India (SBI).

Reliance Jio, through the Reliance Project and Property Management Services, was the successful resolution applicant for RITL, which comprises of tower and fibre assets of erstwhile Reliance Communication (RCOM).

RITL resolution plan was approved by the NCLT for Rs 4,400 crore on December 3, 2020.

NCLT's Mumbai bench is likely to hear the matter shortly.

 
  

Top Stories


Leave a Comment

Title: Reliance Jio moves NCLT against Reliance Infratel COC



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like