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RCom lenders reject resignation of Anil Ambani, four other directors

Nov 25, 2019 10:25 IST

The Committee of Creditors of Reliance Communications has rejected the resignations of the company’s directors. They have been asked to continue in their job until the corporate insolvency resolution process is through. The resignations, including Anil Amabani's were submitted on the 20th of November and were unanimously rejected. RCom is under the CIRP or Corporate insolvency resolution process and the exercise has to be completed by early January next year.