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Submission Of A Writ Petition By Ncell Private Limited To The Supreme Court Of Nepal ("Supreme Court")

Back 08 May 2019
Type Announcement
Subject OTHERS
Description

SUBMISSION OF A WRIT PETITION BY NCELL PRIVATE LIMITED TO THE SUPREME COURT OF NEPAL ("Supreme Court")

Reference is made to our announcements of 22 April 2019 and 26 April 2019 (“Previous Announcements”).

 

Unless defined here, capitalised terms in this announcement shall bear the same meaning as defined in the Previous Announcements.

 

Axiata wishes to inform that the Supreme Court had, upon hearing the Ncell Application on 7 May 2019, made the follow orders: -

 

(a)     That a full bench of the Supreme Court be convened to hear and decide on the Ncell Application; and

 

(b)     That the temporary stay order granted on 25 April 2019 be continued, in the period of which the Respondents are refrained from taking any steps against Ncell.        

 

Axiata will make further announcements upon material developments arising from the Ncell Application.

 

 

This announcement is dated 8 May 2019.





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 08 May 2019
Category General Announcement for PLC
Reference Number GA1-08052019-00067