16 December 2011

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Arrest Warrant issued against Mukesh Ambani, Chairman and Managing Director Reliance Group of Industries

Arrest Warrant issued against Mukesh Ambani, Chairman and Managing Director Reliance Group of Industries



A consumer forum in Thrissur has issued a bailable arrest warrant against Mukesh Ambani, Chairman and Managing Director Reliance Group of Industries for
failure to pay Rs 24,000 fine to a person who had purchased a mobile from Reliance
outlet in 2003.

In 2003 Dr Joseph Makkolil had purchased a mobile from Reliance outlet by paying Rs.10, 000. The mobile promised many features.

In 2005 Mukesh Ambani was Managing Director of Reliance Infocomm.

In 2005 the case was filed by Dr. Joseph Makkolil.
Dr. Joseph filed a petition saying that the manufacturer had failed to observe the terms and conditions stated and he approached the Forum for damages.

On October 30, 2010 forum ordered or directed Reliance to pay a fine of Rs 24,000 to Makkoli.

But Reliance did not pay to Dr.Joseph Makkolil.

After that Dr. Joseph filed an execution petition.

After hearing the petition the forum issued the order.

As per the order issued by the forum Mukesh Ambani has to be produced before the forum by February 15, 2012.

Reality views by sm –

Friday, December 16, 2011

Source – PTI

9 comments:

Rakesh Kumar December 16, 2011  

Oh! very good.
No one should be above law.
Thanks for this information,SM.

sm,  December 16, 2011  

jon,thanks.
Rakesh Kumar,,thanks.

Bikram December 17, 2011  

Good .. hope he gets proper punishment

Bikram's

Sandhya December 17, 2011  

This is really interesting...! Thanks for the information, sm!

Gayatri December 17, 2011  

Wow! Thanks for the news.

BK Chowla, December 18, 2011  

Nothing will happen. Wait and watch

SM December 18, 2011  

Bikramjit,,thanks.
Sandhya,thanks.
Gayatri, thanks.

SM December 18, 2011  

@BK Chowla,

thanks. he will get the stay order and may file appeal regarding the fine or will pay the fine and close the chapter.