The closed company Reliance communication may be in greater trouble as ATC too has filed case against it to recover its dues. ACT said: “RCom’s responses to its demand to pay the dues were evasive/non-committal indicating mala-fide intent to avoid the payment.”
The US based Tower Corporation (ATC) has appealed at the Delhi High Court seeking surety over Rs 100.63 crore that ATC says the RCom owed it for services provided from July to December last year.
The security sought by the telecom tower company could be in the form of bank guarantees or a deposit in court, people close to the matter said.
The court will hear the matter on February 22.
The security sought by the telecom tower company could be in the form of bank guarantees or a deposit in court, people close to the matter said.
The court will hear the matter on February 22.
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