The National Company Law Tribunal (NCLT), Mumbai is likely to adjourn the resolution plans of Reliance Communications Limited (RCom) and Reliance Telecom Limited (RTL) to later this week perhaps August 21.
The RCom and RTL resolution plans treat DoT as operational creditor. The RCom and RTL Committee of Creditors led by State Bank of India (SBI) allocated nothing to DoT out of total proceeds of Rs 23,000 crore.
The DoT is expected to file written submissions by Friday with the NCLT, Mumbai.
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