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Anil Ambani's RCom's bankruptcy begins; next hearing on May 30

Updated : May 09, 2019 04:38 PM IST

At the last hearing, Rcom, through the existing resolution professional, had sought 357 days (from May 30, 2018 to April 30, 2019) exclusion in the insolvency process citing the stays it had on the process by the appellatetribunal and the Supreme Court.
The RP sought the exclusion from May 30, 2018 to April 30, 2019 as the initial insolvency proceedings was stayed by the National Company Law Appellate Tribunal (NCLAT) and later by the apex court.
Anil Ambani's RCom's bankruptcy begins; next hearing on May 30
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