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<\/span><\/figcaption><\/figure>The dedicated insolvency court will hear the resolution plan of bankrupt telco Reliance Communications<\/a> (RCom<\/a>) and its units on Wednesday.

The National Company Law Tribunal (NCLT<\/a>) will decide on August 5 if UV Asset Resolution Co Ltd (UVARCL<\/a>) and Reliance Jio Infocomm<\/a> (Jio) are the buyers of RCom’s assets.

The two firms have been overwhelmingly voted in favour of the resolution plans submitted by UVARCL and Jio by RCom’s lenders .

UVARCL is all set to take over bankrupt telco Aircel<\/a>’s assets after it received NCLT approval and is now awaiting some regulatory nods.

According to the plan approved by lenders, RCom and its subsidiary Reliance Telecom Infrastructure Ltd (RTIL), will go to UVARCL whereas the tower company Reliance Infratel will go to Reliance Jio for a total consideration of between Rs 20,000 crore to Rs 23,000 crore to be paid over a period of seven years.

The assets of bankrupt telco, which was once led by Anil Ambani<\/a> and were put up for sale included airwaves in the 850 MHz band in 14 of India’s 22 telecom circles (RCom), about 43,000 telecom towers (Reliance Infratel), some fibre and data centres (Reliance Telecom).

At the time of filing for bankruptcy, RCom had debt of Rs 46,000 crore, with 53 financial creditors — including local and foreign banks, nonbanking financial companies and funds — laying claims.

Besides banks, operational creditors such as tower companies, equipment vendors and DoT have claimed nearly Rs 30,000 crore in dues, of which over Rs 21,000 crore has been verified.

RCom was forced to shut its wireless operations late 2017, hurt by mounting debt and widening losses amid intense competition in the telecom sector after Jio’s entry in September 2016. It tried to sell its wireless assets, such as spectrum and towers, to Jio, but failed due to a slew of legal cases. This forced the telco to opt for insolvency proceedings under the IBC in May 2019.

<\/body>","next_sibling":[{"msid":77326690,"title":"Atmanirbhar Bharat: ITI eyes Rs 3,000 crore turnover in FY 2021","entity_type":"ARTICLE","link":"\/news\/atmanirbhar-bharat-iti-eyes-rs-3000-crore-turnover-in-fy-2021\/77326690","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"73273673","title":"India's telecom sector in a rewind; everything from AGR, BSNL revival, 5G, IUC to tariff hikes in 2019","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/indias-telecom-sector-in-a-rewind-everything-from-agr-bsnl-revival-5g-iuc-to-tariff-hikes-in-2019","category_name":"Slide-Shows","synopsis":"ETT brings a slideshow on Indian telecom sector developments in 2019","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-3313303\/73273673.cms?width=150&height=112","link":"\/slide-shows\/indias-telecom-sector-in-a-rewind-everything-from-agr-bsnl-revival-5g-iuc-to-tariff-hikes-in-2019\/73273673"}],"msid":77326763,"entity_type":"ARTICLE","title":"NCLT to take call on RCom\u2019s assets on Wednesday","synopsis":"The National Company Law Tribunal (NCLT) will decide on August 5 if UV Asset Resolution Co Ltd (UVARCL) and Reliance Jio Infocomm (Jio) are the buyers of RCom\u2019s assets. ","titleseo":"telecomnews\/nclt-to-take-call-on-rcoms-assets-on-wednesday","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":6025,"shares":0,"engagementtimems":14746000,"url":"https:\/\/ettelecom.indiatimes.com\/telecomnews\/nclt-to-take-call-on-rcoms-assets-on-wednesday\/articleshow\/77326763.cms"},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-08-03 11:51:41","lastupd":"2020-08-03 11:59:53","breadcrumbTags":["RCom","Intercontinental Broadcasting Corporation","aircel","Anil Ambani","Reliance communications","UVARCL","Industry","Bharat Sanchar Nigam Limited","Reliance Jio Infocomm","nclt"],"secinfo":{"seolocation":"telecomnews\/nclt-to-take-call-on-rcoms-assets-on-wednesday"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-08-03" data-index="article_1">

NCLT周三呼吁信实电信的资产

国家公司法法庭(NCLT)将决定在8月5日如果紫外线资产决议有限公司(UVARCL)和依赖Jio Infocomm信实电信(Jio)买方的资产。

  • 更新2020年8月3日,在12点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士
专门的破产法院会听到破产电信的决议计划信实电信(信实电信周三)及其单位。

国家公司法法庭(NCLT8月5日)将决定如果紫外线资产分辨率有限公司(UVARCL),依赖Jio Infocomm信实电信(Jio)买方的资产。

两家公司已经压倒性的投票赞成该决议计划提交UVARCL和Jio信实电信的银行。

UVARCL将接管破产电信Aircel的资产获得NCLT批准后,现在等待一些监管点了点头。

根据计划批准贷款,信实电信及其子公司信实电信基础设施有限公司(RTIL),将UVARCL而塔公司依赖鼓吹要去依赖Jio总考虑20000卢比到23000卢比支付在一段七年。

广告
的资产破产电信,这曾经是领导的安尼尔•安巴尼和出售包括电视广播在850 MHz频带在印度14的22电信圈(RCom),约43000电信塔(鼓吹他的依赖),一些纤维和数据中心(信实电信)。

申请破产的时候,有债务46000卢比RCom 53金融债权人——包括本地和外国银行、非银行金融公司和基金——宣称。

除了银行,操作债权人塔公司等,设备供应商和点称近30000卢比费,其中超过21000卢比已得到验证。

RCom被迫关闭其无线业务2017年末,受到债务和不断扩大的损失由于激烈的竞争后的电信业Jio 2016年9月的条目。它试图出售其无线资产,如频谱和塔,Jio,但由于一系列法律案件失败。这迫使电信选择破产程序下IBC 2019年5月。

  • 当天早上11时51分发布于2020年8月3日,坚持
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\"\"
<\/span><\/figcaption><\/figure>The dedicated insolvency court will hear the resolution plan of bankrupt telco Reliance Communications<\/a> (RCom<\/a>) and its units on Wednesday.

The National Company Law Tribunal (NCLT<\/a>) will decide on August 5 if UV Asset Resolution Co Ltd (UVARCL<\/a>) and Reliance Jio Infocomm<\/a> (Jio) are the buyers of RCom’s assets.

The two firms have been overwhelmingly voted in favour of the resolution plans submitted by UVARCL and Jio by RCom’s lenders .

UVARCL is all set to take over bankrupt telco Aircel<\/a>’s assets after it received NCLT approval and is now awaiting some regulatory nods.

According to the plan approved by lenders, RCom and its subsidiary Reliance Telecom Infrastructure Ltd (RTIL), will go to UVARCL whereas the tower company Reliance Infratel will go to Reliance Jio for a total consideration of between Rs 20,000 crore to Rs 23,000 crore to be paid over a period of seven years.

The assets of bankrupt telco, which was once led by Anil Ambani<\/a> and were put up for sale included airwaves in the 850 MHz band in 14 of India’s 22 telecom circles (RCom), about 43,000 telecom towers (Reliance Infratel), some fibre and data centres (Reliance Telecom).

At the time of filing for bankruptcy, RCom had debt of Rs 46,000 crore, with 53 financial creditors — including local and foreign banks, nonbanking financial companies and funds — laying claims.

Besides banks, operational creditors such as tower companies, equipment vendors and DoT have claimed nearly Rs 30,000 crore in dues, of which over Rs 21,000 crore has been verified.

RCom was forced to shut its wireless operations late 2017, hurt by mounting debt and widening losses amid intense competition in the telecom sector after Jio’s entry in September 2016. It tried to sell its wireless assets, such as spectrum and towers, to Jio, but failed due to a slew of legal cases. This forced the telco to opt for insolvency proceedings under the IBC in May 2019.

<\/body>","next_sibling":[{"msid":77326690,"title":"Atmanirbhar Bharat: ITI eyes Rs 3,000 crore turnover in FY 2021","entity_type":"ARTICLE","link":"\/news\/atmanirbhar-bharat-iti-eyes-rs-3000-crore-turnover-in-fy-2021\/77326690","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"73273673","title":"India's telecom sector in a rewind; everything from AGR, BSNL revival, 5G, IUC to tariff hikes in 2019","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/indias-telecom-sector-in-a-rewind-everything-from-agr-bsnl-revival-5g-iuc-to-tariff-hikes-in-2019","category_name":"Slide-Shows","synopsis":"ETT brings a slideshow on Indian telecom sector developments in 2019","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-3313303\/73273673.cms?width=150&height=112","link":"\/slide-shows\/indias-telecom-sector-in-a-rewind-everything-from-agr-bsnl-revival-5g-iuc-to-tariff-hikes-in-2019\/73273673"}],"msid":77326763,"entity_type":"ARTICLE","title":"NCLT to take call on RCom\u2019s assets on Wednesday","synopsis":"The National Company Law Tribunal (NCLT) will decide on August 5 if UV Asset Resolution Co Ltd (UVARCL) and Reliance Jio Infocomm (Jio) are the buyers of RCom\u2019s assets. ","titleseo":"telecomnews\/nclt-to-take-call-on-rcoms-assets-on-wednesday","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":6025,"shares":0,"engagementtimems":14746000,"url":"https:\/\/ettelecom.indiatimes.com\/telecomnews\/nclt-to-take-call-on-rcoms-assets-on-wednesday\/articleshow\/77326763.cms"},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-08-03 11:51:41","lastupd":"2020-08-03 11:59:53","breadcrumbTags":["RCom","Intercontinental Broadcasting Corporation","aircel","Anil Ambani","Reliance communications","UVARCL","Industry","Bharat Sanchar Nigam Limited","Reliance Jio Infocomm","nclt"],"secinfo":{"seolocation":"telecomnews\/nclt-to-take-call-on-rcoms-assets-on-wednesday"}}" data-news_link="//www.iser-br.com/news/nclt-to-take-call-on-rcoms-assets-on-wednesday/77326763">