Pay Rs 453 crore to Ericsson or face jail: SC to Anil Ambani while holding him guilty of contempt

NEW DELHI: The Supreme Court Wednesday held RCom chairman Anil Ambani guilty of contempt of court for willfully violating its order by not paying Rs 550-crore dues to Telecom equipment maker Ericsson.

The apex court held that the RCom chairman and Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani breached the undertaking given to the apex court and the related orders.

The apex court said the RCom chairman and others will have to purge the contempt by paying Rs 453 crore to Ericsson in four weeks.

A bench comprising of Justices RF Nariman and Vineet Saran said if the contemnor failed to make the payments within the specified period, they will undergo a jail term of three months.