Business | Shukla, Upmanyu Trivedi and PR Sanjai, Bloomberg | Tuesday February 5, 2019
The process initiated Friday in Mumbai, once admitted by the court, would leave Ambani's Reliance Communications Ltd., or RCom, 270 days to repay debt or liquidate. The company voluntarily took the step after a planned sale of tower, spectrum and fiber assets to older sibling Mukesh Ambani's Reliance Jio Infocomm Ltd. stalled.
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