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Total 97 results found. Search for [ RCom insolvency process ]

Results 1 to 21 of 97
Nevin John
October 7, 2020
\"No funds whatsoever were provided by Mukesh Ambani to Anil Ambani in a personal capacity, nor was there any gift,\" says Anil Ambani's spokesperson


BusinessToday.In
September 17, 2020
Supreme Court says Delhi High Court can take up issue on October 6 and state-owned lender can also seek removal or modification of stay order


BusinessToday.In
September 1, 2020
Chairmen of telcos will have to give undertaking to pay annual AGR dues and those defaulting on payments will face penalty and contempt of court


BusinessToday.In
September 1, 2020
AGR hearing today: The Supreme Court has said the telecom companies have to pay 10 per cent of total pending dues upfront


BusinessToday.In
August 31, 2020
Justice Arun Mishra-led three-judge bench will pronounce its judgment on adjusted gross revenue (AGR) case at 11:30 am on September 1


BusinessToday.In
August 27, 2020
Court asks Ambani not to dispose of or transfer any of his assets; says insolvency against him should continue as before and that liabilities as personal guarantor can also be examined during resolution process


PTI
August 24, 2020
Department of Telecommunications told the Supreme Court today that the guidelines mandate that all liabilities including AGR-related dues should be cleared by telecom firms prior to spectrum trading


BusinessToday.In
August 21, 2020
The NCLT order directing appointment of the resolution professional does not constitute an admission of SBI's insolvency application by the tribunal, a spokesperson for Anil Ambani said


Dipak Mondal
August 21, 2020
Anil Ambani individual insolvency proceedings: With the sword now hanging over promoter's own personal wealth, experts feel they would no longer deliberately try to drag on a process for time immemorial


Manu Kaushik
August 20, 2020
Financial creditors' dues take precedence over those of operational creditors under the IBC. Thus, if DoT has considered itself as an operational creditor, it slips below banks in the priority list of creditors. But the SCwants it the other way round


BusinessToday.In
August 20, 2020
The Supreme Court on Thursday expressed concerns that nearly the entire Adjusted Gross Revenue (AGR) dues pending against the telcos facing insolvency proceedings will be wiped out in the Insolvency and Bankruptcy Code (IBC) proceedings


BusinessToday.In
August 20, 2020
AGR dues case: On Wednesday, the top court had said that it will not go into apportionment of resolution plan funds between sets of creditors


Dipak Mondal
August 15, 2020
The apex court said that the NCLT cannot admit cases of default more than three years (as prescribed by the Limitation Act) before the filing of insolvency application


Nevin John
August 14, 2020
The present option before Anil Ambani's Reliance Group is to shift the office back to Ballard Estate, which was the headquarters of the company until early 2018


BusinessToday.In
August 14, 2020
Countering the government's stand on ownership of spectrum, the Committee of Creditors (CoC), led by the SBI told the Supreme Court that the spectrum is an essential and integral part of RCom's assets and is vital for its continuance as a going concern


Dipak Mondal
August 12, 2020
The committee of creditors is yet to approve either of the two resolution plans that the Era Infra resolution professional has received so far - the reason being legal disambiguity of the resolution plans submitted


PTI
June 23, 2020
Ambani seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the National Company Law Tribunal (NCLT) to recover Rs 1,200 crore


BusinessToday.In
New Delhi, March 4, 2020
Allcargo Logistics has received SEBI approval on its open offer to acquire approximately 3.17 crore shares or 26% stake in Gati at Rs 75 a share


BusinessToday.In
New Delhi, March 4, 2020
UV Asset Reconstruction Company has placed bids worth Rs 14,700 crore for assets of RCom and Reliance Telecom, while Mukesh Ambani's Reliance Jio has made an offer of Rs 4,700 crore for tower and fibre assets of Reliance Infratel


BusinessToday.In
February 24, 2020
According to sources, Reliance Communications' (RCom) committee of creditors (CoC) will vote on asset bids (received from UVARC and Reliance Jio) from which the lenders are likely to recover nearly Rs 23,000 crore


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