Latest Breaking News On - நம்பகத்தன்மை தகவல்தொடர்புகள் - Page 14 : comparemela.com

NCLT to hear SBI’s plea to withdraw Reliance Infratel’s fraud tag on July 5 June 10, 2021 The tribunal had sought SBI to produce further evidence and data. The National Company Law Tribunal’s (NCLT) Mumbai bench will hear State Bank of India’s request to withdraw a “fraudulent” tag it sought for Reliance Infratel Ltd (RITL) on July 5. On the next hearing date, the tribunal has also asked the country’s largest lender to produce further evidence and data. In a volte-face, the country’s largest lender on Wednesday moved the tribunal seeking to withdraw the fraud tag on RITL, following an internal forensic audit by SBI that allegedly found questionable transactions worth ₹5,500 crore. The alleged transactions were found in the accounts of three Anil Ambani three firms - Reliance Communications and its subsidiaries Reliance Telecom and RITL.

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