Reliance Communications' (RCom) committee of creditors is expected to seek an extension of the debt sale process beyond January 10 till February-end from the National Company Law Tribunal (NCLT). The committee of creditors (CoC) is scheduled to meet on January 2, 2020 to consider bids of Reliance Jio, Airtel, Varde, and UVARCL.
As per the NCLT order, CoC has to complete the entire process by January 10. But, now, CoC will seek an extension of deadline till February-end.
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