The National Company Law Appellate Tribunal (NCLAT) has issued a notice to debt-laden Reliance Communications (RCom) over a petition filed by Manipal Technologies seeking to recover its dues. The appellate tribunal has agreed to hear the matter on December 4.
Manipal Technologies has claimed dues of Rs 2.74 crore for the biometrics finger print scanners supplied to RCom in 2016. The money was not paid as RCom claimed that the invoices were raised in the name of HP Financial Services and not RCom.
Reliance Communications is India’s foremost and truly integrated telecommunications service provider.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1852.15 |
| Vodafone Idea | 9.63 |
| Indus Towers | 406.65 |
| Tata Communications | 1510.45 |
| Bharti Hexacom Ltd. | 1550.00 |
| View more.. | |
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