NCLAT rejects tax claim against Reliance Communications

NEW DELHI: The NCLAT has set aside a petition filed by the tax department claiming dues from Reliance Communications (RCom). The tribunal observed that the claim was based on the assessment made after the initiation of insolvency resolution process against the debt-ridden firm.

An NCLAT bench upheld the earlier order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which had rejected the state tax department’s second claim of Rs 6.10 crore. Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019.