NCLAT directs RCom’s RP to approach NCLT for refund of Rs 577 crore from Ericsson

The National Company Law Appellate Tribunal (NCLAT) has declined Reliance Communications’ (RCom) resolution professional’s (RP) plea seeking refund of Rs 577 crore from Swiss firm Ericsson, and directed the RP to approach the Mumbai-bench of National Company Law Tribunal (NCLT) for the same. Reliance Communications is presently going through the Corporate Insolvency Resolution Process under the supervision of the Mumbai-bench of NCLT.

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Bhupendra Singh Chundawat

Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.