[ad_1] The National Company Law Tribunal (NCLT) in Mumbai has directed that the insolvency resolution plan which will see an arm of Reliance Jio take over Reliance Communications’ bankrupt tower and fibre unit be implemented “as quickly as possible". As per the orders of the NCLT made public on Wednesday,...
NCLT clears Jio buy of Reliance Infratel, Legal News, ET LegalWorld – Legal Firms
[ad_1] The National Company Law Tribunal (NCLT) in Mumbai Monday approved Reliance Infratel Ltd’s (RITL) acquisition by Reliance Project and Property Management Services Ltd (RP&PMSL), an arm of Reliance Jio that looks into the telco's tower and fibre business, bringing the bankruptcy resolution of the Anil Ambani company to a...
Jio moves NCLT for early resolution of Reliance Infratel bankruptcy process, Legal News, ET LegalWorld – Legal Firms
[ad_1] Kolkata: The Reliance Infratel (RTIL) bankruptcy resolution may be finally headed for a close after two years. A Reliance Jio Infocomm arm has recently moved a fresh application in the National Company Law Tribunal (NCLT) Mumbai, offering to deposit the total resolution sum of Rs 3,500 crore in a...