Found guilty of contempt in Ericsson case, SC asks Anil Ambani to go jail or pay
Shortpedia
Content Team
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The Supreme Court on Wednesday found Reliance Communications chairman Anil Ambani guilty of contempt over the non-payment of Rs 550 crore due owed to Swedish telecom giant Ericsson. The court asked him to pay Rs 453 cr to Ericsson within 4 weeks or else face 3 months of jail if orders not served. Senior advocate Dushyant Dave, representing Ericsson India earlier invoked Rafale deal to target Ambani during the hearing.
