TRENDING ON ONEINDIA
-
Selection Panel To Meet On January 24 To Decide On New CBI Director -
Owning A Maruti Suzuki Is Now A Special Occasion — Here's How -
Flipkart Republic Day Sale Starts From January 20: Deals And Offers -
Kohli Wants To See India As A Superpower In Test Cricket -
Company Fixed Deposits In India Which Offer Yields Of Near 10% -
Visit Yanam: The French Counterpart Of The Southern Peninsula -
Kareena Kapoor Khan's Latest Airport Look Is Laidback And About Flared Denims -
Birthday Boy Sidharth Malhotra Cuts Cake At Midnight! Pics!
Anil Ambani- owned Reliance Communication on Monday said that it has been given four weeks time to file its response to the contempt petition filed by Ericsson.
The telco said that it deposited a partial payment of Rs 131 crore to Ericsson with the Supreme Court Registry, from the operational funds available with the Company.
RCOM has taken all required steps towards enabling the settlement and remains fully committed to making the payment to Ericsson from the proceeds of the Spectrum sale, RCom said in a statement.
For those who are not aware, RCom on Sunday said that it has taken all required steps towards enabling the settlement and remains fully committed to making the payment to Ericsson from the proceeds of the Spectrum sale.
The telco also pointed out that it is deeply regrettable that Ericsson India Private Limited, an operational unsecured creditor, is attempting a trial by media and sensationalizing issues, as evidenced in recent media reports.
The recent contempt petition filed by Ericsson, as referred in media reports last week, has not even been served on RCOM as of date, and yet Ericsson is widely sharing the same with media and distorting issues.
Needless to say, the Hon'ble Supreme Court has not even considered the matter till date, it added.
The DoT approval is pending from 7 August 2018, for which RCOM has moved a contempt petition against DoT before the Supreme Court which is listed on Monday, 7 January 2019, the telco added.
