Contempt of Courts Act : RCom group held guilty of contempt of Court as they had undertaken to pay sum of Rs. 550 crores to Ericsson without depending upon any act or omission of third party but had failed to pay same and thus breached undertakings given to Court. Thus, they were to be directed to purge contempt of Court by payment to Ericsson of sum of Rs. 453 crores in addition to Rs. 118 crore made to Registry of Court.
from www.taxmann.com Latest Case Laws https://ift.tt/2ShsyUK
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