NCLT: NCLT okays sale of Reliance Communications actual property belongings

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NCLT: NCLT okays sale of Reliance Communications actual property belongings

NEW DELHI: Insolvency tribunal NCLT Mumbai has authorized the sale of among the actual property belongings of telecom firm Reliance Communications, a regulatory submitting stated on Wednesday.
The belongings recognized on the market embody Chennai Haddow Workplace of RCom, comprising land and constructing; land parcel in Ambattur in Chennai unfold over an space of about 3.4 acres; 871 sq. metres of land parcel in Pune; Bhubaneswar-based workplace area, funding in shares of Campion Properties and funding in shares of Reliance Realty.