SC seeks response from Anil Ambani on Ericsson’s contempt petition
Team Udayavani, Jan 7, 2019, 7:02 AM IST
New Delhi: The Supreme Court on Monday issued notice to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a contempt petition filed by Ericsson India over non-payment of its dues.
A bench headed by Justice R F Nariman sought a response from Ambani and others in four weeks. Appearing for R Com, senior Advocates Kapil Sibal and Mukul Rohatgi asked the court to accept Rs 118 crore towards outstanding dues to Ericsson India to establish its bonafide.
The counsel appearing for Ericsson, however, refused to accept the amount and said the entire outstanding sum of Rs 550 crore should be deposited. The bench then directed R Com to deposit a demand draft of Rs 118 crore in the registry.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
MSEZ partners with Italy’s MIR Group for Rs 1,500 cr green facility
Sony India bags ACC media rights for eight years
Musk says X now top news app on App Store in India
Air India to offer integrated aircraft maintenance engineering programme
Markets stage sharp recovery; Sensex reclaims 79k level, Nifty surges 557.35 points
MUST WATCH
Latest Additions
Bengaluru: Woman accused dies by suicide, alleges harassment by investigating officer
Counting of votes underway for bypolls to three Assembly segments in Karnataka
MVA collects letters of support from over 160 candidates to form govt in Maharashtra
Mangaluru woman files complaint against husband for instant Talaq and harassment
MSEZ partners with Italy’s MIR Group for Rs 1,500 cr green facility
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.