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Supreme Court of India

Reliance Communication Limited & Ors. v. State Bank of India & Ors.

Neutral citation
Reported as [2019] 4 S.C.R. 64
Bench R. F. Nariman and Vineet Saran JJ.
Decided 20 February 2019

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

We are of the view that the contempt of this Court needs to be purged by payment of the s um of INR 550 crore together with interest till date.

Judgment, page 32

From the headnote

Contempt of Courts Act, 1971 – s.12(4) – Agreement between Ericsson and Reliance Communications (RCom) – Ericsson a greed to provide managed services, i.e., operation, maint enance, and management of RCom’s network – It raised invoices, however on receiving no payment, ultimately issued notices – Notices r eplied by three Reliance Companies (RCom and its group companies, Relian ce Telecom Ltd. & Reliance Infratel Ltd. – Understanding reached f or making payment of the outstanding invoices – Howeve r, even this understanding fell through – Ericsson terminated th e agreement calling upon the

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