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Wednesday, February 20, 2019

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Ericsson: Pay dues or face jail, SC to Anil Ambani

By  February 20, 2019  No comments
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://ift.tt/2V1tY7E

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