RCom lenders reject resignation of Anil Ambani, 4 other directors

Updated At : 08:18 PM Nov 24, 2019 IST

File photo of Anil Ambani.

New Delhi, November 24

Reliance Communications on Sunday said its lenders have rejected the resignation of Chairman Anil Ambani and four other directors, and asked them to cooperate in the ongoing corporate insolvency resolution process.

Ambani along with four directors—Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar—had resigned from the company earlier this month.

In a BSE filing, RCom said its Committee of Creditors (CoC) had met on November 20.

“...(the committee had) expressed a unanimous view that the resignations cannot be acc

RCom lenders reject resignation of Anil Ambani, 4 other directors

Unlock Exclusive Insights with The Tribune Premium

Live Matches