Shares of Anil Ambani-led Reliance Communications may come under pressure again, as the Supreme Court on Thursday declined to grant it two weeks extra time to clear the ₹550 crore dues of Ericsson. The deadline for the payment falls on December 15. The refusal by the top court to grant more time to RCom revives fears of corporate insolvency proceedings against the company. Earlier, the repayment agreement between RCom and Ericsson was reached in the NCLAT.
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