Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 07, 2019

Supreme Court Notice To Anil Ambani Over Contempt Petition By Ericsson

Supreme Court Notice To Anil Ambani Over Contempt Petition By Ericsson
A bench headed by Justice R F Nariman sought a response from Ambani and others in four weeks.

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 RF Nariman sought a response from Mr Ambani and others in four weeks. 

Appearing for RCom, senior Advocates Kapil Sibal and Mukul Rohatgi asked the court to accept Rs 118 crore towards outstanding dues to Ericsson India to establish its bona fide.

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 RCom to deposit a demand draft of Rs 118 crore in the registry. 

Disclaimer: NDTV has been sued for 10,000 crores by Anil Ambani's Reliance Group for its coverage of the Rafale deal

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search