 "ANIL AMBANI, reliance group")
Swedish telecom gear maker Ericsson has filed a petition in the Supreme Court for contempt of court against Anil Ambani, chairman of Reliance Communications after the firm failed to pay about Rs 5.50 billion to Ericsson to settle the dispute over dues.
RCom had to pay the amount to Ericsson by September 30 but the company approached SC seeking a 60-day extension. As Ericsson did not agree to the extension, it has now filed a contempt of court petition.
SC will hear the plea of RCom on October 4 whereas a date is not finalised for Ericsson. However, sources say Ericsson's petition
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