Reliance Communication Limited & Ors. filed a writ petition against State Bank of India & Ors. A contempt petition was also filed in relation to the same matter. During the hearing on December 14, 2018, Mr. Kapil Sibal, representing Reliance, stated that the preference shares of Reliance Reality Ltd. reflected in the 2017-2018 financial statement, would not be redeemed without prior permission from the Department of Telecommunication (DoT). Mr. P.S. Narsimha, Additional Solicitor General, assured the court that upon this statement, a No Objection Certificate (NOC) would be issued within two days. This assurance was crucial for the court's decision.

Reliance Communication Limited & Ors. filed a writ petition against State Bank of India & Ors. A contempt petition was also filed in relation to the same matter. During the hearing on December 14, 2018, Mr. Kapil Sibal, representing Reliance, stated that the preference shares of Reliance Reality Ltd. reflected in the 2017-2018 financial statement, would not be redeemed without prior permission from the Department of Telecommunication (DoT). Mr. P.S. Narsimha, Additional Solicitor General, assured the court that upon this statement, a No Objection Certificate (NOC) would be issued within two days. This assurance was crucial for the court's decision.