With three of its executives being chargesheeted on Saturday,Reliance Telecom on Saturday said it would immediately be moving the Delhi High Court for quashing of the charges.
Reliance Telecom and the three executives are very confident of mounting a successful defence in the trial proceedings,against the charges framed, the company said in a statement.
The substantive charges framed on Reliance Telecom and the three executives remain limited only to the alleged abetment to cheating by others,as part of an alleged conspiracy, it said. The company also claimed that no substantive charge has been framed under S. 409 on Reliance Telecom and the three executives for alleged criminal breach of trust.
The Supreme Court is to hear the bail pleas of the three executives on October 31.