RCom files resolution plan with NCLT
Reliance Communications has filed its resolution plan with the bankruptcy court, the last leg before its fibre and spectrum go to UVARCL and towers to Reliance Jio.
“ Reliance Communications Limited (“RCOM”) in accordance with the stipulations contained in Regulation 30 of the SEBI ….hereby informs …that resolution professional of RCOM has duly filed the resolution plan as approved by the CoC with the… National Company Law Tribunal, Mumbai Bench on March 6, 2020 in accordance with Section 30(6) of the Insolvency and Bankruptcy Code, 2016,” said the company in a regulatory filing on Saturday.