RCom creditors oppose insolvency petition

China Development Bank reportedly filed lawsuit in bid to recover $1.78 billion from Indian operator

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Reliance Communications on Thursday said that most of its creditors do not support an insolvency petition filed by China Development Bank (CDB). The Economic Times reported earlier this week that CBD filed the petition at India's National Company Law Tribunal (NCLT) on 24 November in a bid to recover $1…

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