Reliance Communications, which is going through the insolvency process, said that the lenders have rejected the resignation of its chairman Anil Ambani and 4 other directors. Also, lenders have asked Anil Ambani and the rest of the directors to cooperate in the ongoing corporate insolvency resolution process. RCom had a loss of Rs 30,142 crore in the July-September quarter of the current financial year.
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