Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt  ||  Supreme Court: S.69 GST Arrest Order with “Reasons to Believe” Must Precede Arrest  ||  Supreme Court: Winding-Up Proceedings Period Cannot be Excluded under Section 14 Limitation Act  ||  Supreme Court: Separate Appeals Unnecessary Against Common Judgment on Suit and Counterclaim  ||  Supreme Court: Unsuccessful Party Can Seek Post-Award Section 9 Relief in Exceptional Cases  ||  Delhi HC Rejects Black Money Act Challenge, Imposes Rs. 60,000 Costs over Prosecution Avoidance  ||  Delhi HC Affirms Teacher's POCSO Conviction, Urges Schools to Encourage Children to Speak Up  ||  Kerala HC: NGO Funding Peaceful Protests Can't Justify FCRA Renewal Denial  ||  Delhi HC: Courts Cannot Judge Sufficiency of Material For Issuing Look Out Circular    

COMPANY - NCLAT Refuses to Direct SBI to Release Rs.260 Crores to Reliance to Enable it to Settle Ericsson Dues - (18 Mar 2019)

COMPANY

National Company Law Appellate Tribunal has refused to direct State Bank of India to release amount of Rs.260 crores of income tax refund to enable Reliance communications to pay Rs.450 crores to Ericsson India Private Ltd as per direction of Supreme Court.

Tags : NCLAT   SBI   RELIANCE COMMUNICATIONS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved