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

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