IIFCL UK seeks NCLT action over Reliance Infra arm dues
In short
IIFCL UK has gone to the NCLT against a Reliance Infrastructure arm over dues of ₹1,745 crore. The reported dispute is about Mumbai Metro One and an alleged external commercial borrowing default.
This matters because it could affect the company’s legal and financial position. The reporting does not say whether the tribunal accepted the petition.
What the reporting says
IIFCL UK has moved the NCLT against a Reliance Infrastructure arm over alleged dues of ₹1,745 crore, according to a publisher summary. The reported case concerns Mumbai Metro One and an alleged ECB default, while the tribunal also flagged limitation, Section 10A and other defects in the petition. It is not stated in the available reporting whether the case will proceed or be admitted.
Why it matters
IIFCL UK has filed a petition at the NCLT against a Reliance Infrastructure arm over alleged dues of ₹1,745 crore, with the summary saying the dispute involves Mumbai Metro One and an ECB default. The tribunal reportedly noted limitation, Section 10A and other defects. The available reporting does not state the next legal step, the petition’s status, or any recovery outcome.