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Claims of Reliance Infratel's indirect creditors upheld
Mint New Delhi|December 21, 2024
The apex court upheld ₹10,952 crore claims by four indirect creditors of Anil Ambani-led RCom's tower biz
- Krishna Yadav

The Supreme Court on Friday upheld the claims amounting to more than ₹10,952 crore of four indirect creditors of Reliance Infratel Ltd, the tower and fibre business of Mukesh Ambani's telecom company Reliance Communications Ltd (RCom).

Reliance Infratel's total debt exceeds ₹41,055 crore.

In 2022, the National Company Law Appellate Tribunal (NCLAT) rejected the creditors' claims, following a plea by financial creditor Doha Bank, which had objected to the recognition of the indirect creditors-Exim Bank of China, Assets Care and Reconstruction Enterprise (ACRE), Shubh Holdings, and China Development Bank.

Denne historien er fra December 21, 2024-utgaven av Mint New Delhi.

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Claims of Reliance Infratel's indirect creditors upheld
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Denne historien er fra December 21, 2024-utgaven av Mint New Delhi.

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