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SC restores SBI-led lenders' rights in Reliance Infratel

The Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed 3,628 crore. This decision overturns previous rulings by lower tribunals. The court directed the reconstitution of the committee of creditors. Six banks are now included as financial creditors. Corporate guarantees were deemed financial debt under the Insolvency and Bankruptcy Code.

29 Apr 2026 12:40 am