The Supreme Court today issued notice to Anil Ambani and Reliance Communications in a contempt plea filed by Ericsson..The contempt application was heard by a Bench of Justices Rohinton Nariman and Vineet Saran..Senior Advocate Dushyant Dave, appearing for Ericsson, submitted that Reliance has committed gross contempt by disobeying the orders of the Supreme Court to pay their dues to Ericsson..Reliance offered to pay Rs. 118 crore out of the 550 crore owed by them..The Court directed that the same be deposited with the Supreme Court Registry and issued notice to Anil Ambani and Reliance..In the petition filed through advocate Bhargava V Desai and settled by Dave, the applicant has prayed that Anil Ambani, who is the Chairperson of Reliance Communications, be detained in civil prison till the dues of Rs. 550 crores along with interest are cleared..Reliance had filed a writ petition in Supreme Court in July 2018 praying for a direction to give effect to the settlement arrived at between the parties and for ensuring certainty of the sale process..On August 3, the Supreme Court had ordered that the payment of Rs. 550 crore be made on or before September 30. In view of the same, the Court had permitted the sale of assets..Subsequently, Reliance sought an extension of time for making the payment which was allowed by the Supreme Court. On October 23, the Court said that as a “last opportunity”, it will allow Reliance to make the payment of Rs. 550 crore along with interest before December 15, 2018..Before the expiry of the said date, Reliance once again filed an application for extension of the deadline but the same was withdrawn on December 14 after it realized that the Court was not inclined to entertain the application..Ericsson has now sought initiation of contempt proceedings for violation of the Supreme Court orders of August 3 and October 23..The application also prays for a direction to be issued to Lender Forums/Banks to bring the amount of Rs. 550 crore received from the sale of assets and hand it over to Ericsson..Importantly, the petition seeks a direction to be issued to refrain Anil Ambani and Chairpersons of Reliance Communication, Reliance Telecom, and Reliance Infratel from traveling abroad. The petition also prays that they be detained in civil prison till the dues to Ericsson are cleared.
The Supreme Court today issued notice to Anil Ambani and Reliance Communications in a contempt plea filed by Ericsson..The contempt application was heard by a Bench of Justices Rohinton Nariman and Vineet Saran..Senior Advocate Dushyant Dave, appearing for Ericsson, submitted that Reliance has committed gross contempt by disobeying the orders of the Supreme Court to pay their dues to Ericsson..Reliance offered to pay Rs. 118 crore out of the 550 crore owed by them..The Court directed that the same be deposited with the Supreme Court Registry and issued notice to Anil Ambani and Reliance..In the petition filed through advocate Bhargava V Desai and settled by Dave, the applicant has prayed that Anil Ambani, who is the Chairperson of Reliance Communications, be detained in civil prison till the dues of Rs. 550 crores along with interest are cleared..Reliance had filed a writ petition in Supreme Court in July 2018 praying for a direction to give effect to the settlement arrived at between the parties and for ensuring certainty of the sale process..On August 3, the Supreme Court had ordered that the payment of Rs. 550 crore be made on or before September 30. In view of the same, the Court had permitted the sale of assets..Subsequently, Reliance sought an extension of time for making the payment which was allowed by the Supreme Court. On October 23, the Court said that as a “last opportunity”, it will allow Reliance to make the payment of Rs. 550 crore along with interest before December 15, 2018..Before the expiry of the said date, Reliance once again filed an application for extension of the deadline but the same was withdrawn on December 14 after it realized that the Court was not inclined to entertain the application..Ericsson has now sought initiation of contempt proceedings for violation of the Supreme Court orders of August 3 and October 23..The application also prays for a direction to be issued to Lender Forums/Banks to bring the amount of Rs. 550 crore received from the sale of assets and hand it over to Ericsson..Importantly, the petition seeks a direction to be issued to refrain Anil Ambani and Chairpersons of Reliance Communication, Reliance Telecom, and Reliance Infratel from traveling abroad. The petition also prays that they be detained in civil prison till the dues to Ericsson are cleared.
