Ericsson case: Clear dues or face jail, Supreme Court tells Anil Ambani https://ift.tt/2GA3rez - Walletnews For Me

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    Tuesday, February 19, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Ericsson case: Clear dues or face jail, Supreme Court tells Anil Ambani https://ift.tt/2GA3rez

    Ericsson case: Clear dues or face jail, Supreme Court tells Anil Ambani https://ift.tt/2GA3rez

    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.
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