RCom says NCLT debt resolution proposal to be similar to earlier plans

RCom has debt of around Rs 47,000 crore and has invoked debt restructuring in June 2017

Anil Ambani-led Reliance Communications (RCom), which on Friday said it would be filing for bankruptcy in the National Company Law Tribunal (NCLT) after the telco failed to take necessary approvals from lenders and the Department of Telecommunications (DoT) to conclude its deal with Reliance Jio, informed the exchanges on Sunday that it plans to propose a similar debt resolution plan in the tribunal as was being earlier pursued with creditors.
 
The company said the key elements of the plan would remain unchanged. This includes the sale of spectrum and all strategic telecom infrastructure assets, sale of realty assets apart