The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order whether the contempt proceedings should be initiated against Reliance Communication (RCom) Chairman
Anil Ambani and his officials for failing to pay minority investors such as HSBC Daisy Investments (Mauritius). HSBC Daisy had moved the appellate tribunal over alleged default of payment of Rs 230 crore by
Reliance Infratel and stated that the company has not fulfilled an undertaking given by it.