BusinessPhoto: Business StandardRCom RP Files Curative Petition Against SC Spectrum Ruling
Reliance Communications' resolution professional Anish Nanvaty filed a curative petition in the Supreme Court challenging the February 13 judgment that excluded spectrum as an asset under the Insolvency and Bankruptcy Code. The petition argues the ruling causes irreversible harm by stripping banks of assets against loans, highlighting the Department of Telecommunications' termination of RCom's spectrum and warning of broader sectoral exceptions affecting mining, oil, infrastructure, and hydropower rights.
Business Standard·


