The National Company Law Appellate Tribunal (NCLAT) on Wednesday issued a notice to Reliance Communications over a petition filed by Manipal Technologies Ltd seeking its due. The appellate tribunal has agreed to hear the matter on December 4. The Karnataka-based company has claimed a due of Rs 2.7 crore for the biometrics fingerprint scanners supplied to RCom in 2016.Earlier, it had approached the National Company Law Tribunal, which had rejected Manipal's plea, accepting RCom's argument that dues were not against the firm. Following this, Manipal Technologies moved the NCLAT.
NCLAT issues notice to Reliance Communications over Manipal Tech 'dues'
The appellate tribunal has agreed to hear the matter on December 4
Press Trust of India |