On 07 October 2016
Reliance Communications announced that Hon'ble High Court of Judicature at Bombay has on 07 October 2016 sanctioned the Scheme of Arrangement between the Company and Sistema Shyam Teleservices (SSTL) and their respective shareholders and creditors (Scheme) pursuant to the petition filed by the Company.The Hon'ble Rajasthan High Court has already sanctioned the Scheme on 30 September 2016 pursuant to the petition filed by SSTL.
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