# Delhi HC: Non-encashment of RCom guarantees not a default till Sept 3 2026-08-24T21:33:20+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet (2 source reports) The Delhi High Court on Monday ruled that non-encashment of Reliance Communications' Rs 800 crore bank guarantees by Yes Bank, SBI, Punjab National Bank, and Canara Bank will not be treated as a default until September 3. Justice Mini Pushkarna issued the direction while hearing petitions from the banks and RCom entities challenging the Department of Telecommunications' move to invoke the guarantees. RCom, under insolvency proceedings, argued the DoT misinterpreted a Supreme Court judgment of February 13. The lenders called the department's action illegal and ultra vires. The government countered that it had an independent right to proceed against the petitioners since it was not recognised as an operational creditor of RCom. ## Indian Opinion Analysis The coverage from both outlets is effectively identical wire copy, attributed to ET Bureau or ET Telecom. Neither version adds independent framing, commentary, or sourcing beyond the court proceeding itself. Both lead with the same order and quote the same arguments from lenders, RCom's resolution professional, and the government verbatim. There is no pro-government or critical slant to differentiate. Since the court has merely deferred the question, the significance lies in what comes next: on September 3, the High Court will decide whether the DoT can invoke bank guarantees in an insolvency scenario, testing the boundary between telecom licence conditions and the Insolvency and Bankruptcy Code. ## Coverage Coverage: 2 sources, 2 neutral - economictimes.indiatimes.com (neutral report) Straight report of court order and arguments, no slant - telecom.economictimes.indiatimes.com (neutral report) Identical text, same framing, no slant This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-25T06:55:49+00:00. Tags: Anil Ambani, Delhi High Court, Department of Telecommunications, Reliance Communications, State Bank of India, Yes Bank Canonical: https://indianopinion.org/delhi-hc-non-encashment-of-rcom-bank-guarantees-not-a-default-till-sept-3/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/delhi-hc-non-encashment-of-rcom-bank-guarantees-not-a-default-till-sept-3/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/