RCom turns to bankruptcy court to resolve debt woes

Reuters 

(Reuters) - India's Ltd (RCom) on Friday said it will seek fast track resolution through National Company Law Tribunal, the court that deals with cases, to resolve its position.

The company said lenders had not received any proceeds from its asset monetization plans, and that its overall resolution process had not made any progress.

(Reporting by in Bengaluru; Editing by Shailesh Kuber)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 01 2019. 19:41 IST