Reliance Realty To Build Fintech Centre In Mumbai
Reliance Realty’s Dhirubhai Ambani Knowledge City, spread across over 132 acres, will have total saleable or leasable area of over 30 million square feet. Reliance Communications is reeling under debt of over `46,000 crore and, earlier this month, said that its Board has decided on implementation of debt resolution plans through NCLT (National Company Law Tribunal) framework.
“Accordingly, the Board decided that the company will seek fast track resolution through NCLT, Mumbai. The Board believes this course of action will be in the best interests of all stakeholders, ensuring comprehensive debt resolution in a final, transparent and time bound manner within the prescribed 270 days,” RCom had said.
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