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    ALPHA TRIBE

    Reliance Communications Limited — Important, 09-12-2025: Fraud/Default/Arrest

    09-12-2025 | 05:11 pm

    Union Bank classified RCOM and subsidiary loans as 'Fraud'. RCOM, under CIRP, asserts IBC protection against past liabilities/proceedings post-NCLT approval of its resolution plan. Avoidance applications are filed; legal advice is sought.

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