Mukesh Ambani-led Reliance Jio Infocomm (RJio) and Anil Ambani-led Reliance Communications (RCom) locked horns in the Supreme Court (SC) on Monday over the payment of the latter's dues related to spectrum usage charges (SUC). RJio, during the hearing, told the Supreme Court it could not take the risk of going ahead with the deal despite "knowing the problems with prior dues and physical guarantees".

RCom, on the other hand, maintained it could not pay the dues owing to the company facing insolvency threats and general lack of capital. The SC on Monday told ...