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RCOM’s lenders rejects resignation of Anil Ambani and 4 other directors

November 25, 2019
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Reliance Communications’ (RCOM) lenders have rejected the resignation of Chairman Anil Ambani and four other directors.

The lenders have requested them to continue with their duties and 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.

RCOM lenders are expected to meet on November 25 for discussing the possible bids under the IBC-led insolvency process.

 
 
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