Supreme Court rejects AGR verdict review plea by telecom operators Airtel and Vodafone Idea.
Objection Overruled: In a blow to telecom operators Bharti Airtel and Vodafone Idea, the Supreme Court yesterday dismissed pleas to review its earlier judgement that had asked the telecom operators to pay more than ?1tr ($14.10bn) of dues to the government. Bharti Airtel has to pay outstanding dues worth ?35,586cr ($5,028m), while Vodafone Idea owes the government ?50,000cr ($7,064m).
Meanwhile, the telecom operators have said that they were evaluating filing curative petitions. Livemint
Non-telecom state-run companies including Gail India, Power Grid Corp and Oil India will file petitions seeking a review of the SC’s order that mandates them to pay more than ?3tr ($42.39bn) in arrears on their telecom licences, said solicitor general Tushar Mehta. ET Telecom
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