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Aircel & RCOM steering towards liquidation, resulting in Rs60,000 Cr NPA for Indian and Foreign Banks

Aircel & RCOM steering towards liquidation, resulting in Rs60,000 Cr NPA for Indian and Foreign Banks
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Ghanashyam Mishra , China Development Bank , Sons Private Ltd , Canara Bank , Committee Of Creditors , Punjab National Bank , Reliance Communication Ltd , National Company Law Appellate Tribunal , Supreme Court , Department Of Telecommunications , Reliance Telecom Ltd , Uv Asset Reconstruction Company Ltd , Edelweiss Asset Reconstruction Company Ltd , Foreign Banks , Reliance Communication , Resolution Plan , Reconstruction Company , State Bank , China Development , Sons Private , Chinese Banks , கணாஷ்யம் மிஸ்ரா , சீனா வளர்ச்சி வங்கி , மகன்கள் ப்ரைவேட் லிமிடெட் , கனரா வங்கி , குழு ஆஃப் கடன் வழங்குநர்கள் ,

Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian and Foreign Banks

Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian and Foreign Banks
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Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 crore NPA for Indian and Foreign BanksIANS
Last Updated: Apr 18, 2021, 12:29 PM IST
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According to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, which was approved in June 2020, will be unworkable and the company will be heading for liquidation, resulting in zero recovery for Rs 18,000 crore owed to the lenders.
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The National Company Law Appellate Tribunal (NCLAT) ruling of last week in the Aircel vs Department of Telecommunications (DOT) case has cast a shadow on the resolution plans of Aircel and Reliance Communication Ltd. (RCOM). ....

Ghanashyam Mishra , China Development Bank , Sons Private Ltd , Canara Bank , Committee Of Creditors , Punjab National Bank , Reliance Communication Ltd , National Company Law Appellate Tribunal , Supreme Court , Department Of Telecommunications , Reliance Telecom Ltd , Uv Asset Reconstruction Company Ltd , Edelweiss Asset Reconstruction Company Ltd , Reliance Communication , Resolution Plan , Reconstruction Company , China Development , Sons Private , Chinese Banks , State Bank Of India , கணாஷ்யம் மிஸ்ரா , சீனா வளர்ச்சி வங்கி , மகன்கள் ப்ரைவேட் லிமிடெட் , கனரா வங்கி , குழு ஆஃப் கடன் வழங்குநர்கள் , பஞ்சாப் தேசிய வங்கி ,

Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks

Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks
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Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks. Image Source: IANS News
New Delhi, April 18 : The National Company Law Appellate Tribunal (NCLAT) ruling of last week in the Aircel Vs. Department of Telecommunications (DOT) case has cast a shadow on the resolution plans of Aircel and Reliance Communication Ltd. (RCOM).
According to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, which was approved in June 2020, will be unworkable and the company will be heading for liquidation, resulting in zero recovery for Rs 18,000 crore owed to the lenders. ....

New Delhi , Ghanashyam Mishra , China Development Bank , Sons Private Ltd , Canara Bank , Committee Of Creditors , Punjab National Bank , Reliance Communication Ltd , National Company Law Appellate Tribunal , Supreme Court , Department Of Telecommunications , Reliance Telecom Ltd , Uv Asset Reconstruction Company Ltd , Edelweiss Asset Reconstruction Company Ltd , Reliance Communication , Resolution Plan , Reconstruction Company , State Bank , China Development , Sons Private , Chinese Banks , புதியது டெல்ஹி , கணாஷ்யம் மிஸ்ரா , சீனா வளர்ச்சி வங்கி , மகன்கள் ப்ரைவேட் லிமிடெட் , கனரா வங்கி ,

Welcome To IANS Live - BUSINESS - Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks

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New Delhi, April 18 (IANS) The National Company Law Appellate Tribunal (NCLAT) ruling of last week in the Aircel Vs. Department of Telecommunications (DOT) case has cast a shadow on the resolution plans of Aircel and Reliance Communication Ltd. (RCOM).
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Update: 18-April-2021 ....

New Delhi , Department Of Telecommunications , Reliance Communication Ltd , News Service , India Private , National Company Law Appellate Tribunal , Reliance Communication , All Rights , புதியது டெல்ஹி , துறை ஆஃப் தொலைத்தொடர்பு , நம்பகத்தன்மை தொடர்பு லிமிடெட் , செய்தி சேவை , இந்தியா ப்ரைவேட் , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் , நம்பகத்தன்மை தொடர்பு , அனைத்தும் உரிமைகள் , கடன் வழங்குநர்கள் ,

Welcome To IANS Live - BUSINESS - Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks

Welcome To IANS Live - BUSINESS - Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

New Delhi , Department Of Telecommunications , Reliance Communication Ltd , News Service , India Private , National Company Law Appellate Tribunal , Reliance Communication , All Rights , புதியது டெல்ஹி , துறை ஆஃப் தொலைத்தொடர்பு , நம்பகத்தன்மை தொடர்பு லிமிடெட் , செய்தி சேவை , இந்தியா ப்ரைவேட் , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் , நம்பகத்தன்மை தொடர்பு , அனைத்தும் உரிமைகள் ,