Reliance Infratel, HSBC Daisy reach settlement

New Delhi, Jun 29: Reliance Infratel and its minority shareholder HSBC Daisy Investments (Mauritius) on Friday submitted final consent terms of their settlement before the National Company Law Appellate Tribunal (NCLAT) over the sale of tower and fibre assets.
Following this, the NCLAT Bench headed by Chairman Justice S J Mukhopadhaya disposed of the appeal filed by the Reliance Communications group firm. The consent term between the parties was signed on June 15, 2018, informed senior advocate Salman Khursheed appearing for Reliance Infratel.