RCom lenders reject resignation of Anil Ambani, four other directors

The resignations were conveyed to the CoC in its meeting on November 20 and were unanimously rejected

The Committee of Creditors (CoC) of Reliance Communications (RCom) has rejected the resignations of the company’s directors and asked them to continue in their job until the corporate insolvency resolution process (CIRP) is through.

“It is being duly communicated to the directors of RCOM that their resignations have not been accepted and they are advised to continue to perform their duties and responsibilities as the directors of RCom and provide all cooperation to Resolution Professional (RP) in the corporate insolvency resolution process,” RCom said in an exchange filing on Sunday.

The resignations were conveyed to the CoC in its meeting on November