India: Another hiccup for Reliance Infratel as NCLT halts asset sale

India: Another hiccup for Reliance Infratel as NCLT halts asset sale

Photographer: Qilai Shen/Bloomberg

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday directed Reliance Infratel Ltd, a subsidiary of Reliance Communications Ltd (RCom), to stay the sale of its assets until 13 March.

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