Telecom service provider Aircel’s committee of creditors (CoC) is reportedly considering an option to restart the firm’s mobile phone operations, in some circles, and the CoC is scouting for investors.
According to The Economic Times, Aircel’s lenders, led by the State Bank of India (SBI), representatives from the firm’s management and an insolvency professional from Deloitte discussed the same at a meeting held at SBI’s Fort Mumbai branch.
In March, the National Company Law Tribunal (NCLT) accepted Aircel’s bankruptcy petition. Vijay Iyer of Deloitte Haskins & Sells was nominated as the insolvency resolution professional (IRP).
Representational image. ibnlive.com
The NCLT had expressed surprise that A…
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