The National Company Law Tribunal (NCLT) will consider admitting an insolvency case against Reliance Communications (Rcom) filed by Tech Mahindra on 2nd of November.
The IT company had filed an insolvency petition for a recovery of Rs 8.2 crore from the Anil Ambani owned telco and its two units, few days after Rcoms deal with Aircel was called off.
The quality of service and amounts billed are disputed, RCom said in a regulatory filing terming the petitions as “misconceived, premature and motivated by extraneous considerations”. The Ambani owned company, struggling under a debt of Rs 46700 crore, also said that the the claim amount is not considered material by the respective Companies concerned.
“We wish to inform you that Tech …
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