1.1 C
New York
Sunday, December 7, 2025
HomeIndia NewsSC holds Anil Ambani others guilty of contempt of court for wilfully...

SC holds Anil Ambani others guilty of contempt of court for wilfully not paying dues to Ericsson

Date:

Related stories

Mamta Singh makes history as first Indian-American elected to public office in Jersey City

Highlights: Mamta Singh becomes the first Indian American elected...

US enforces stricter visa rules with mandatory social media checks

Highlights: The US State Department has introduced stricter Visa...

US orders strict new screening for H-1B applicants as Trump administration expands speech-related reviews

Highlights: US consular officers must now examine LinkedIn profiles...

FBI lists Indian national as wanted in 2017 New Jersey double murder, seeks extradition from India

Highlights: FBI offers $50,000 reward for information leading to...

The Supreme Court Wednesday held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order by not paying Rs 550-crore dues to Telecom equipment maker Ericsson.
The apex court held that the RCom chiarman and Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani breached the undertaking given to the apex court and the related orders.
The apex court said the RCom chairman and others will have to purge the contempt by paying Rs 453 crore to Ericsson in four weeks.
A bench comprising of Justices RF Nariman and Vineet Saran said if the contemnor failed to make the payments within the specified period, they will undergo a jail term of three months.
The apex court also directed Reliance Communication, Reliance Telecommunication and Reliance Infratel to deposit Rs 1 crore each to the apex court’s registry in four weeks or the chairman of these companies will have to go an additional jail term of one month.
It directed that Rs 118 crore already deposited by Reliance Group in the apex court’s registry be disbursed to Ericsson within a week.
“From undertakings given by Reliance Group’s top brass, it appears they have wilfully not paid the amount to Ericsson despite orders and undertakings given,” it said.
The apex court specified that any unconditional apology given by Reliance needs to be rejected as they have breached the undertaking and order.
The bench said the three Reliance companies did not adhere to the 120-day deadline and the extra 60 days given by the apex court to pay Rs 550 crore to Ericsson.
It said the undertakings given in the court was false to the knowledge of the court and affected the administration of justice.
Ambani, Seth and Virani were present in the courtroom.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here