Mens Planet News

On Wednesday bench of justices R F Nariman and Vineet Saharan pronounced the verdict after Ericsson dragged Anil Ambani to court after RCom failed to clear its dues despite having given an undertaking, according to the petitioner’s counsel, to pay the amount.


Reliance Communications Chairman Anil Ambani (File Photo)

The Apex court stated that RCom Chairman Anil Ambani and other two directors have to pay Rs 453 crore in a time period of four weeks and if they failed to clear the dues then they will have to face a jail term of three-months.

Other two directors are Satish Seth, Reliance Telecom Chairman and Chhaya Virani, Reliance Infratel Chairperson.

Earlier Rs. 118 crore was deposited by RCom, top court ordered that amount to be disbursed to Ericsson.

RCom said that they respect the court order.

Related posts

Mumbai: Pearl V Puri arrested under POCSO act, many celebs Aly Goni, Nia Sharma, Karishma Tanna and Supernatural show Naagin 3 team lends support to actor

Editor

IO To Record Witness statement By electronic Medium : Punjab And Haryana HC

Editor

Army Personnel Be Treated as Privileged Citizens, Demand of Decriminalization of Dowry Laws for Jawans and Sr. Citizens

Editor

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More