Reliance Infrastructure Settles ₹92.68 Crore Dispute, Challenges NCLT Insolvency Order, ET LegalWorld
Litigation
1 min read
Reliance Infra says made full payment of Rs 92.68 cr, NCLT order infructuous
Reliance Infrastructure has fully paid Rs 92.68 crore to Dhursar Solar Power, settling tariff claims and rendering insolvency proceedings unnecessary. The company will appeal to the NCLAT to withdraw the NCLT's May 30, 2025 order initiating the corporate insolvency resolution process. This action follows IDBI Trusteeship's petition alleging a default related to solar energy supply invoices.
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