Supreme Court to hear Sistema appeal on Jan 10
NEW DELHI (Reuters) - An appeal by Russian conglomerate Sistema's(SSAq.L) Indian mobile phone unit challenging a Supreme Court order last year to revoke its cellular permits awarded in a scandal-tainted sale is due to come up for hearing on Thursday, the court's website showed.
Sistema Shyam TeleServices Ltd, which will have to shut down by January 18 its services in all but one of India's 22 telecommunications zones as a result of the court order, had last year filed a "curative" petition after the court dismissed its plea seeking review of the order.
Indian laws allow a "curative" petition, or further appeal, even after a review plea is dismissed. This petition is heard by three top Supreme Court judges.
(Reporting by Devidutta Tripathy)
- Tweet this
- Share this
- Digg this
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- UPDATE 4-NY says Ocwen backdated foreclosure letters, company shares slide
- U.S. to funnel travelers from Ebola-hit region through 5 airports
- New Total boss must overhaul exploration strategy, pursue cost cuts
- 'Fraggle Rock' actor Gerard Parkes dies at age 90
As well as making the lives of millions of middle class Indians easier, the sharp drop in Brent crude prices since June is a boon for Prime Minister Narendra Modi in his fight to revive an economy growing at its slowest rate since the 1980s. Full Article