 "Anil Ambani")
The Supreme Court on Friday asked the government to issue Reliance Communications (RCom) a no-objection certificate (NoC) for spectrum sale to Reliance Jio Infocomm by December 9 if it furnishes a corporate guarantee of Rs 14 billion within two days.
The said corporate guarantee will be issued by Reliance Realty Ltd, a wholly-owned subsidiary of RCom, its lawyer Kapil Sibal told the court.
The SC order, by a two-judge bench of Justice Rohinton Fali Nariman and Justice Navin Sinha, comes in the wake of Department of Telecommunications (DoT) challenging the Telecom Disputes and Settlement Appellate Tribunal's (TDSAT’s) October
The said corporate guarantee will be issued by Reliance Realty Ltd, a wholly-owned subsidiary of RCom, its lawyer Kapil Sibal told the court.
The SC order, by a two-judge bench of Justice Rohinton Fali Nariman and Justice Navin Sinha, comes in the wake of Department of Telecommunications (DoT) challenging the Telecom Disputes and Settlement Appellate Tribunal's (TDSAT’s) October
