New Delhi : Reliance Communications (RCom) has moved National Company Law Appellate Tribunal (NCLAT) challenging the order of NCLT allowing a plea for its insolvency filed by Swedish telecom equipment major Ericsson.
Anil Ambani-run RCom’s plea is expected to be heard by the appellate tribunal in the coming week.
RCom informed stock exchanges that it has approached NCLAT along with its two subsidiaries – Reliance Telecom and Reliance Infratel to stay the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) on May 15.