Reliance-Ericsson Case: I Am Sure Rcom Will Honor Supreme Court Order, Says Mukul Rohatgi

Senior advocate Mukul Rohatgi, who appeared for RCom chairman Anil Ambani in the contempt case, on Wednesday said he respects the decision of the Supreme Court and expressed confidence that the group will honor the directions on payment of dues to Ericsson.

“We respect the Supreme Court’s order. we have faced our difficulties. However, the court ruled the way it has ruled,” Rohatgi told PTI minutes after the verdict was pronounced.

“I am sure RCom will honor the Supreme Court’s order,” Rohatgi said.

The apex court held RCom Chairman Anil Ambani, Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani guilty of contempt of court for willfully violating its order and not paying its dues of Rs 550 crore 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 4 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.

The apex court also directed Reliance Telecom and Reliance Infratel to pay Rs 1 crore each in four weeks to the apex court’s registry or the chairman will have to go additional jail term of one month.

It directed that Rs 118 crore already deposited by Reliance Group in the apex court’s registry be disbursed to Ericsson.

“From the undertakings given by Reliance Group’s top brass, it appears they have willfully not paid the amount to Ericsson despite orders,” it said.

The apex court specified that any unconditional apology given by Reliance needs to be rejected as they have breached the undertaking and order.―DNA India

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