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<\/span><\/figcaption><\/figure> MUMBAI: Reliance Communications has asked Ericsson<\/a> to refund Rs 579.74 crore that the bankrupt telco had paid it, saying the Swedish telecom equipment maker had to be treated on a par with other operational creditors. It also said the money paid must be returned because the insolvency resolution process that Ericsson had initiated against RCom<\/a> had resumed.

The demand may resurrect a
legal<\/a> battle and delay the insolvency process, given that the payment by RCom was made on Supreme Court’s directions.

“Ericsson should not be allowed treatment which is any different than the treatment that shall be accorded to the other operational creditors… either in terms of a resolution plan subsequently approved, or, in the event of liquidation,” Deloitte, the resolution professional overseeing the telco’s affairs, said in a letter to Ericsson last week. ET has reviewed a copy of the letter. “Ericsson is requested to hereby initiate a refund of the total sum of the monies received by it,” the RP said in the letter.

\n \n
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<\/span><\/figcaption><\/figure>\n\n\n\n\n\n
Ericsson may Seek Minutes of CoC Meeting<\/strong>
The letter requires Ericsson to join the queue of operational creditors including tower companies, equipment vendors and the Department of Telecommunications, which have claimed Rs 88,000 crore in dues, of which over Rs 70,000 crore had been verified.

According to the company’s lenders, payment to an operational creditor, in this case Ericsson, made while RCom is in insolvency is against the Insolvency and Bankruptcy Code. Financial lenders including State Bank of India, China Development Bank, Standard Chartered Bank, Deutsche Bank and DBS Bank, which have raised claims of up to Rs 57,382 crore, of which Rs 49,223.88 crore had been verified, get preference over operational creditors upon resolution.

RCom keeled over under Rs 46,000 crore of debt and is undergoing insolvency proceedings with its assets up for sale.

Ericsson plans to ask the RP to send the minutes of the Committee of Creditors meeting that passed the resolution demanding the refund, according to people aware of the development. The company will then take a call on approaching the Supreme Court, which decided on the matter in February.

Mails sent to Deloitte didn’t elicit a response, while Ericsson declined to comment.

Ericsson petitioned for RCom’s bankruptcy in September 2017 over non-payment of dues worth over Rs 1,500 crore. The bankruptcy court admitted the petition but, under RCom’s appeal, the National Company Law Appellate Tribunal stayed the insolvency order and a settlement with Ericsson was chalked out.
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解决专业写瑞典公司:要求爱立信RCom退款579.74卢比

说电信gearmaker治疗与其他操作的债权人。

Devina森古普塔
  • 发布于2019年8月26日08:32点坚持
孟买:Reliance Communications问道爱立信退款579.74卢比,破产电信支付了,说瑞典电信设备制造商必须与其他操作债权人的同等待遇。它还说,钱必须返回,因为破产解决过程,爱立信已经发起攻击信实电信已经恢复。

需求可能复活法律战斗和延迟破产过程中,考虑到付款RCom了最高法院的方向。

“爱立信不应该允许治疗这是任何不同的治疗,应当给予其他操作债权人…的一项决议计划随后批准,或者,如果清算,”德勤决议专业监督电信的事务,上周在一封给爱立信说。等了这封信的副本。“爱立信要求特此发起退款总额的款项收到,“RP在信中表示。

广告

爱立信可能寻求CoC的会议记录
这封信需要爱立信加入队列的操作包括塔公司债权人,设备供应商和电信部,声称在会费88000卢比,其中超过70000卢比已经证实。

根据公司的银行,付款操作债权人,爱立信在这种情况下,虽然在破产破产和破产RCom代码。印度的金融贷款机构包括国家银行,中国国家开发银行,渣打银行,德意志银行和星展银行,已提出索赔高达57382卢比,49223 .88点卢比已经验证,得到偏好/操作债权人在决议。

RCom中倾覆了下46000卢比的债务和正在经历破产诉讼资产出售。

爱立信计划要求RP发送债权人委员会的会议记录,通过了决议,要求退款,根据人们意识到发展。公司将采取电话接近最高法院,决定在2月。

邮件发送到德勤没有引起反应,而爱立信拒绝置评。

爱立信请求在2017年9月破产RCom拒付费的身价超过1500卢比。破产法庭承认请愿书,但下的吸引力RCom国家公司法上诉法庭在破产秩序和解决与爱立信是用粉笔画上了。
  • 发布于2019年8月26日08:32点坚持
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<\/span><\/figcaption><\/figure> MUMBAI: Reliance Communications has asked Ericsson<\/a> to refund Rs 579.74 crore that the bankrupt telco had paid it, saying the Swedish telecom equipment maker had to be treated on a par with other operational creditors. It also said the money paid must be returned because the insolvency resolution process that Ericsson had initiated against RCom<\/a> had resumed.

The demand may resurrect a
legal<\/a> battle and delay the insolvency process, given that the payment by RCom was made on Supreme Court’s directions.

“Ericsson should not be allowed treatment which is any different than the treatment that shall be accorded to the other operational creditors… either in terms of a resolution plan subsequently approved, or, in the event of liquidation,” Deloitte, the resolution professional overseeing the telco’s affairs, said in a letter to Ericsson last week. ET has reviewed a copy of the letter. “Ericsson is requested to hereby initiate a refund of the total sum of the monies received by it,” the RP said in the letter.

\n \n
\"\"
<\/span><\/figcaption><\/figure>\n\n\n\n\n\n
Ericsson may Seek Minutes of CoC Meeting<\/strong>
The letter requires Ericsson to join the queue of operational creditors including tower companies, equipment vendors and the Department of Telecommunications, which have claimed Rs 88,000 crore in dues, of which over Rs 70,000 crore had been verified.

According to the company’s lenders, payment to an operational creditor, in this case Ericsson, made while RCom is in insolvency is against the Insolvency and Bankruptcy Code. Financial lenders including State Bank of India, China Development Bank, Standard Chartered Bank, Deutsche Bank and DBS Bank, which have raised claims of up to Rs 57,382 crore, of which Rs 49,223.88 crore had been verified, get preference over operational creditors upon resolution.

RCom keeled over under Rs 46,000 crore of debt and is undergoing insolvency proceedings with its assets up for sale.

Ericsson plans to ask the RP to send the minutes of the Committee of Creditors meeting that passed the resolution demanding the refund, according to people aware of the development. The company will then take a call on approaching the Supreme Court, which decided on the matter in February.

Mails sent to Deloitte didn’t elicit a response, while Ericsson declined to comment.

Ericsson petitioned for RCom’s bankruptcy in September 2017 over non-payment of dues worth over Rs 1,500 crore. The bankruptcy court admitted the petition but, under RCom’s appeal, the National Company Law Appellate Tribunal stayed the insolvency order and a settlement with Ericsson was chalked out.
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