StockWatch
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Telecom - Cellular & Fixed line services
AGM/EGM24 Oct 2026, 09:30 am

NCLT Grants RCOM Extension for AGM Filing

AI Summary

Reliance Communications Ltd (RCOM) has received an order from the National Company Law Tribunal (NCLT), Mumbai Bench, allowing an extension for convening its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The NCLT directed the Registrar of Companies (ROC) to process RCOM's physical application for the extension, or upload it via the MCA system's backend, due to technical difficulties arising from RCOM being under Corporate Insolvency Resolution Process (CIRP). The order also provides protection against penal actions for delays in filing statutory forms like DPT-3, MSME-1, and IEPF-5, and requests the MCA to examine practical difficulties faced by Resolution Professionals.

Key Highlights

  • NCLT grants RCOM extension for FY26 AGM convening.
  • ROC directed to process physical or backend MCA application.
  • Protection from penalties for statutory filing delays granted.
  • MCA to examine practical difficulties for CIRP companies.