You are guilty; Pay Rs 453-cr in 4 weeks or go to jail: SC tells Anil Ambani

Agencies
February 20, 2019

New Delhi, Feb 20: The Supreme Court Wednesday held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying its dues of Rs 550 crore to Telecom equipment maker Ericsson.

The apex court held that the RCom chairman 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 4 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 Telecom and Reliance Infratel to pay Rs 1 crore each in four weeks to the apex court's registry or the chairman will have to go 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.

"From the undertakings given by Reliance Group's top brass, it appears they have wilfully not paid the amount to Ericsson despite orders," 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.

Comments

kumar
 - 
Wednesday, 20 Feb 2019

Ambani, Adani, shah etc are highly profiled decoits and have looted billions of rupees and got rich.  They are co-brothrs of Mallya.   SC should seize his property in case he fails to pay the dues.   No mercy should be shown on him.   Court is seizing properties of poors who obtained loans of few thousand rupees.  They why should there be relaxation on these thugs who have looted billions of rupees. 

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News Network
July 17,2020

Bengaluru, Jul 17: A total of 3,693 new COVID-19 positive cases and 115 deaths were reported in Karnataka on Friday, said the state health department.

The total number of COVID-19 cases in the state is presently at 55,115, including 33,205 active cases. While there are 20,757 recoveries, the death toll stands at 1,147.

With the highest single-day spike of 34,956 cases and 687 deaths, India's COVID-19 positive cases crossed the 10 lakh mark on Friday, according to the Union Ministry of Health and Family Welfare.

The total positive cases stand at 10,03,832 including 3,42,473 active cases, 6,35,757 cured/discharged/migrated and 25,602 deaths, according to the ministry.

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News Network
August 7,2020

Bengaluru, Aug 7: Karnataka Revenue Minister R Ashoka has said that state was prepared to tackle COVID-19 and flood situation.

"Today I had a meeting with officials from disaster management, housing, Police, agriculture departments. The government is ready to tackle both the COVID-19 pandemic as well as the flood situation," he told news agency.

The minister said he had held a meeting with officials to take precautionary measures.
"I sanctioned Rs 20 crore to the Fire Department to purchase the equipment for rescue operations. I have already announced red alert in six districts. Tomorrow, I will visit Kodagu, Chikmagalur to assess rescue operations. NDRF reached have teams for rescue operations," he said.

"We are monitoring all dams. Last time we got more floods because of dams. I have instructed to all district collectors that 70 per cent water be filled in dams. Remaining water be sent to canals. We are expecting more rains in nine districts this year," he added.

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News Network
January 17,2020

Madikeri, Jan 17: Kannada and Telugu actor Rashmika Mandanna is likely to be further interrogated by Income Tax (I-T) officials on Friday.

The residence and properties by the family of Rashmika were raided by I-T officials on Thursday morning. Following summons issued by I-T officials, Rashmika rushed to her residence on Thursday night and gave details on investments and other financial transactions.

After the interrogation, the I-T officials left for Serenity hall, which is owned by Rashmika's father, at Virajpet at around 2.30 am and stayed back there.

The I-T officials have reportedly directed Rashmika and her father Madan Mandanna not to leave the house.

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