Anil Ambani was able to avert a possible jail term with the help of his brother Mukesh Ambani.
Reports state that he thanked his brother Mukesh and his sister-in-law Nita for extending ¡°timely support¡± after his debt-laden firm Reliance Communications (RCom) cleared payments due to a service provider just a day before expiry of deadline.?
¡°My sincere and heartfelt thanks to my respected elder brother, Mukesh and Nita, for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support. I and my family are grateful we have moved beyond the past, and are deeply touched with this gesture,¡± he said in a brief statement issued through the company spokesperson.
Anil Ambani had to pay nearly Rs 500 crore along with interest to Ericsson.
And this gesture of was enough to make Twitter users go on a 'meme-spree', here's how they reacted:?
#1?
The telco had time until Tuesday to make the payment, failing which its chairman, Anil Ambani, would have had to serve a three-month jail term, according to the court¡¯s recent order.
On February 20, the SC had held Ambani and two others guilty of contempt for willfully violating its order by not paying Rs 550-crore dues to Ericsson. The debt-ridden company had already paid Rs 118 crore of the Rs 550 crore.
PTI Inputs