ADVERTISEMENT
RCom’s Lenders Prepare For Lengthy Legal Battle To Tag Loan Accounts As Fraud
Lenders to RCom face a long battle to classify the account as fraud.
06 Jan 2021, 02:42 PM IST
Lenders to Reliance Communications Ltd., Reliance Infratel Ltd. and Reliance Telecom Ltd. are preparing for a lengthy courtroom battle as they seek to classify loan accounts of these companies as ‘fraud’.The consortium of lenders is preparing to challenge a Delhi High Court order dated December 28, which asked them to maintain a status quo on the fraud proceedings, according to three bankers familiar with the matter, who spoke on con...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Free
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT