SC to hear RCom’s plea against ban on asset sale

SC to hear RCom’s plea against ban on asset sale

FPJ BureauUpdated: Wednesday, May 29, 2019, 11:25 PM IST
article-image

New Delhi : The Supreme Court has agreed to hear a plea by Reliance Communications (RCom) against the Bombay High Court order restraining the company and its subsidiaries from selling assets.

The court will hear the case on Thursday. On Mardh 8, the high court had upheld an order by an arbitration court restraining RCom and its subsidiaries from selling assets.  The arbitration court had put on hold the sale of assets by RCom and its subsidiaries.

RECENT STORIES

Axis Bank Shares Climb Over 5% Post Earnings Announcement

Axis Bank Shares Climb Over 5% Post Earnings Announcement

ICICI, Axis And Other Major Banking Shares Bloom In Green As Kotak Bank Slumps After RBI Action

ICICI, Axis And Other Major Banking Shares Bloom In Green As Kotak Bank Slumps After RBI Action

'Benefits And Drawbacks Coexist': Market Veteran On Inheritance Tax Debate

'Benefits And Drawbacks Coexist': Market Veteran On Inheritance Tax Debate

After RBI Action, Kotak Bank Shares Stumble Nearly 10%; Markets Start In Red

After RBI Action, Kotak Bank Shares Stumble Nearly 10%; Markets Start In Red

Mitesh Mangaonkar: Leading Innovator In Data Engineering And Cloud Computing

Mitesh Mangaonkar: Leading Innovator In Data Engineering And Cloud Computing