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NCLAT rejects plea by Reliance Realty
November 06, 2025
|Mint Mumbai
The National Company Law Appellate Tribunal (NCLAT) has set aside an appeal filed by Reliance Realty, a step-down entity of debt-ridden Reliance Communications, seeking recovery of rental and assets from Independent TV, a firm which was in the direct to home (DTH) business and is now facing liquidation.
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The NCLAT has upheld the earlier order passed by the Mumbai bench of NCLT, which had declined Reliance Realty's plea and said the liquidation process of Independent TV (formally known as Relianc
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