Business Standard

Don’t miss the latest developments in business and finance.

AGR case: Liquidation the only option without spectrum sale, RCom tells SC

Senior advocate Harish Salve, who represents RCom and its committee of creditors, said it will be forced to go into liquidation if spectrum sale not allowed

Bs_logoSUPREME COURT
Salve added that there was no question of spectrum sale without the approval of the telecom department
Business Standard New Delhi
1 min read Last Updated : Aug 20 2020 | 1:17 AM IST
Reliance Communications told the Supreme Court on Wednesday that it will be forced to go into liquidation if spectrum is not allowed to be sold under the insolvency process. 

Senior advocate Harish Salve, who represents RCom and its committee of creditors, said "this won’t help anyone". 

Salve, however, added that there was no question of spectrum sale without the approval of the telecom department.

Topics :Adjusted gross revenueSupreme CourtReliance Communications