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Anil Ambani - Biography

Jio to acquire debt-laden Reliance Infratel after NCLT s approval

In November 2019, Ambani placed a bid of Rs 3,720 crore to acquire tower and fibre assets of the debt-ridden subsidiary of his younger brother Anil Ambani-managed firm Reliance Communications. Reliance Infratel is the holding company for tower and fibre assets of RCom.

Jio proposes to deposit Rs 3,720 cr in escrow account to acquire RCom s tower, fibre assets

Billionaire Mukesh Dhirubhai Ambani-run Jio placed the bid of Rs 3,720 crore in November 2019 to acquire tower and fibre asset of debt-ridden subsidiary of his younger brother Anil Ambani managed firm Reliance Communications.

Regulating Creditors : Addressing the Next Frontier of Corporate Bankruptcy Governance

This article attempts to understand the limitations of the Insolvency and Bankruptcy Board of India’s code of conduct. In the larger issue of balancing the interests of bankruptcy governance, it suggests structural reforms to the insolvency and bankruptcy code that aim to foster an expedient resolution process and reduce losses to creditors.

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