Consequent to bankruptcy application by one of the financial creditors in NCLT against RCom of Anil Ambani Group in which the lateral entry of Mukesh Ambani to rescue/ bail out is barred as per amended norms of IBC 2016, the stock exchange trading of stock has jumped high without any new factor but the turn up of investors that the company will go in new hands of any body concerned genuinely.Total liability near Rs48000/- Cr if not resolved fully will be substantially made down to half by way of equity sharing by new incombent from the close circle of Ambanis..Lets see which way the wind blows.
