The Supreme Court on Tuesday adjourned to Wednesday the hearing in a contempt petition filed by telecommunications company Ericsson India against Reliance Communications Chairperson Anil Ambani in connection with non-payment of dues worth Rs 550 crore, ANI reported. The court directed Ambani, who was present in court, to appear again on Wednesday.
Last month, the top court had issued a notice to Ambani seeking a response on the contempt plea over the non-clearance of dues. In October, the court granted Reliance Communications time till December 15 to repay the money after Reliance Communications sought a 60-day extension from the top court.
Ambani, Reliance Telecom Ltd Chairperson Satish Seth and Reliance Infratel Ltd chief Chhaya Virani appeared in the top court on Tuesday, PTI reported. However, Justices RF Nariman and Vineet Saran adjourned the hearing due to lack of time. Nariman had to attend a special bench during the post-lunch session.
Senior advocate Dushyant Dave, appearing for Ericsson India, argued that Reliance Communications had violated two earlier orders of the court.
Reliance Communications announced on February 1 that it would file for bankruptcy through the National Company Law Tribunal after failing to sell assets to pay up debt of around Rs 45,000 crore. The company had planned to sell spectrum to Mukesh Ambani’s Reliance Jio, but it did not materialise. It had hoped to sell its assets to Jio and some other firms in a bid to pare its debt.