RCom NCLT

Lenders awaiting RCom's debt resolution since May 2018

SBI moves NCLT to invoke Anil Ambani's guarantee almost two years after RCom was first sent to the Tribunal for recovery of dues by Indian creditors

The tribunal, presided over by BSV Prakash Kumar, on Thursday gave Ambani a week to file reply to the application.

The committee of creditors (CoC) is scheduled to meet on Thursday to consider bids of Reliance Jio, Airtel, Varde and UVARCL

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process

Ericsson had filed a petition with the NCLT