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Reliance Communications have reportedly said its lenders have rejected the resignation of Chairman Anil Ambani and four other directors, and asked them to cooperate in the ongoing corporate insolvency resolution process.
PTI had reported earlier that Ambani along with four directors — Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar — had resigned from the company earlier this month.
In a BSE filing, RCom said its Committee of Creditors (CoC) had met on November 20. “…(the committee had) expressed a unanimous view that the resignations cannot be accepted,” it noted.
The filing further said: “…it is being duly communicated to the aforesaid 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 in the corporate insolvency resolution process”.
