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  4. NCLAT asks RCom's RP to approach NCLT for refund of Rs 577 crore from Ericsson

NCLAT asks RCom's RP to approach NCLT for refund of Rs 577 crore from Ericsson

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

Reported by: PTI New Delhi Published : Sep 18, 2019 16:53 IST, Updated : Sep 18, 2019 16:53 IST
NCLAT asks RCom's RP to approach NCLT for refund of Rs 577
Image Source : ERICSSON

NCLAT asks RCom's RP to approach NCLT for refund of Rs 577 crore from Ericsson

The NCLAT on Wednesday directed resolution professional of Reliance Communications to raise demand for Rs 577 crore paid to Swiss telecom gear maker Ericsson before the NCLT-Mumbai.

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

A two-member National Company Law Appellate Tribunal (NCLAT) bench headed by Chairperson Justice S J Mukhopadhaya asked the Resolution Professional to file the claims before the NCLT.

"We are not inclined to take this interim Application…," said the NCLAT.

RCom has paid Rs 577 crore on the direction of the Supreme Court.

ALSO READ: IIT Kanpur inks pact with Ericsson to tackle Delhi pollution

ALSO READ: Anil Ambani claims to have repaid Rs 25,000 crore in past 14 months

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