The top court stated that Ambani and other two directors have to pay Rs 453 crore to Ericsson India within 4 weeks and if they fail to pay the amount, three months' jail term will follow. The court also imposed a fine of Rs 1 crore each on them and if the amount is not deposited within a month, then 1-month jail will be awarded.
from Times of India https://timesofindia.indiatimes.com/business/india-business/ericsson-case-clear-dues-or-face-jail-supreme-court-tells-anil-ambani/articleshow/68074522.cms
0 Comments: