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NCLAT reserves order on contempt plea filed against Reliance Infratel

HSBC Daisy Investments (Mauritius) and others have filed the contempt petition against Reliance Infratel.

Reliance Industries, ecommerce,  retail
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Reliance Infratel is now part of RCom. (Representative Image)

Press Trust of India New Delhi
The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order regarding admitting a contempt petition filed against Reliance Group Chairman Anil Ambani and its other officials by minority shareholders alleging non-payment of dues by Reliance Infratel.

A two-member bench, which was headed by NCLAT Chairman Justice S J Mukhopadhaya, said it will decide whether the contempt petition filed by HSBC Daisy Investments (Mauritius) and others should be admitted as Reliance Communications (RCom) is a now going through insolvency proceedings.

Reliance Infratel, which has been served the contempt petition, is part of RCom.

The counsel appearing for resolution professional said that as

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