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SC reserves order on Ericsson's contempt plea against RCom chief Anil Ambani, others

NEW DELHI: The Supreme Court on Wednesday reserved its verdict on Ericsson India's plea looking for contempt action in opposition to Reliance Communications Ltd (RCom) chairman Anil Ambani and two others for non-clearance of its Rs 550-crore dues.

A bench of justices R F Nariman and Vineet Saran stated it's reserving its verdict.

During the hearing, senior suggest Dushyant Dave, showing for Ericsson India, stated there was wilful disobedience of apex courtroom's orders and contempt action must be initiated in opposition to them.

Senior suggest Mukul Rohatgi, showing for RCom, countered the argument and stated no contempt was made as no orders of the apex courtroom had been violated.

Ambani, Reliance Telecom Ltd chairman Satish Seth and Reliance Infratel Ltd chairperson Chhaya Virani, had been provide in the courtroom.

The courtroom had on October 23 remaining year requested RCom to clear the dues by means of December 15, 2018, saying not on time fee would draw in an pastime of 12 consistent with cent consistent with annum.

The plea by means of Ericsson had sought that the courtroom direct Ambani and the lenders discussion board handy over the Rs 550 crore with pastime from sale proceeds as consistent with the October 23 order.

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