ALFA Filings
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6 announcements with these filters
Reliance Communications informed that its subsidiary, Reliance Telecom, and an erstwhile director have been classified as 'Wilful Defaulters' by Canara Bank's Review Committee.
The NCLT ruled the approved Resolution Plan for subsidiary RCIL non-implementable. It directed the erstwhile Committee of Creditors to meet and decide the future course.
The Department of Telecommunications invoked bank guarantees worth approximately ₹801.91 Crore due to alleged defaults in deferred spectrum payments. The company is evaluating the implications.
Punjab National Bank classified Reliance Telecom Limited’s loan account as fraud, involving ₹201.51 Crore. The subsidiary is currently undergoing corporate insolvency resolution under the IBC.
The PMLA Adjudicating Authority has confirmed the provisional attachment of assets worth approximately ₹8,078 Crore belonging to Reliance Communications and its subsidiaries. This confirms orders issued in late 2025 relating to investigations by the Directorate of Enforcement. The company is currently seeking legal advice to contest these developments during its ongoing insolvency process.
Reliance Communications Limited (RCOM) informed that the Adjudicating Authority (PMLA) confirmed the attachment of properties belonging to RCOM and its subsidiaries, CPL and RRL. The orders relate to PAOs issued in late 2025 regarding various land parcels and buildings. The company, currently under CIRP, is seeking legal advice on these adverse developments.