NCLT adjourns RCom insolvency case to August 19

The National Company Law Tribunal (NCLT) will take up the resolution plan of Reliance Communications and Reliance Telecom Infrastructure Ltd (RTIL) on August 19.

Lenders had approved UV Asset Resolution Co Ltd (UVARCL) as buyer of RCom and its subsidiary. These two house spectrum, fibre and data centres.

NCLT is scheduled to hear Reliance Infratel’s case today which according to the resolution plan is expected to go to Reliance Jio.