INSUBCONTINENT EXCLUSIVE:
the resignations tendered by Anil Dhirubhai Ambani and four other directors, instructing them to continue holding their posts till the
insolvency resolution process of the company is completed.According to a letter by RCom on Sunday, the decision was taken in a meeting of
the Committee of Creditors of Reliance Communications Limited held on November 20.The RCom lenders have appealed to the five directors to
continue in their positions and cooperate in the debt and insolvency process.Apart from Mr Ambani, Ryna Karani, Chhaya Virani, Manjari
Kacker, Suresh Rangachar had also resigned from their posts in the company."The Committee of Creditors of Reliance Communications Limited
(RCOM) at its meeting held on November 20, 2019, considered the resignations tendered by the following directors and expressed a unanimous
view that the resignations cannot be accepted," read the letter by the company's general secretary to stock exchanges BSE and NSE."It also
instructed the Resolution Professional to convey to the directors to continue with their duties and responsibilities as directors and
provide all cooperation in the corporate insolvency resolution process," it added.Get Breaking news, live coverage, and Latest News from
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