RCom RP Files Curative Petition Challenging Supreme Court Spectrum Ruling
· Business · Business Standard
The resolution professional for Reliance Communications has filed a curative petition in the Supreme Court challenging a February ruling regarding adjusted gross revenue dues and spectrum. The petition seeks relief from past liabilities associated with spectrum sharing and trading charges. The case stems from long-standing financial disputes involving the debt-laden telecom operator and regulatory authorities. The report does not specify the immediate timeline for the court to hear the petition.
Why it matters
The outcome affects the recovery proceedings and financial liabilities of Reliance Communications under its ongoing insolvency resolution process.
Read the original report — Business Standard
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