Supreme Court ready for hearing on amendment petition of telecom companies on AGR

Supreme Court ready for hearing on amendment petition of telecom companies on AGR
Next week hearing

In the Adjusted Gross Revenue (AGR) case, the Supreme Court has agreed to hear the amendment petition in the Supreme Court of the telecom companies soon.

On Tuesday, Chief Justice SA Bobde said that next week, the bench of Justice Arun Mishra, who will give its verdict in the case, will hear the petition. Meanwhile, senior lawyers Abhishek Manu Singhvi and CA Sundaram appearing for the telecom companies said that they are not challenging the decision. The companies are in talks with the central government for payment schedules.

Actually the telecom companies have filed the amendment petition in the Supreme Court. In the petition, the companies have requested the Supreme Court to amend their order in which they were instructed to repay the entire amount by 23 January to the Center.


Petition for schedule for payment

In their petition, the companies have requested the court to amend their earlier order and give relief to the telecom companies to prepare the schedule for the central government's direct payment.

Actually on 16 January, the telecom companies were dealt a big blow. The Supreme Court had dismissed the reconsideration petitions of the telecom companies. According to the court's decision, the telecom companies have to pay the dues by 23 January.

In fact, on 22 November 2019, telecom service providers Bharti Airtel, Voda-Idea and Tata Teleservices filed a review petition in the Supreme Court regarding the Supreme Court's decision.

The petition requested the Supreme Court to reconsider the October 24 judgment that included non-telecom income in the AGR.

The three companies had separately appealed to the Supreme Court to waive the penalty and interest as well as the interest imposed on the fine in the separate reconsideration petitions.

The amount of the fine imposed by the DoT was also challenged in the petition.

Significantly, on 24 October, the telecom service provider companies received a major setback from the Supreme Court when the Supreme Court allowed the Central Government's petition to recover an adjusted gross revenue (AGR) of about Rs 92,000 crore from the telecom companies. Granted permission.

The three-judge bench headed by Justice Arun Mishra upheld the definition of adjusted gross revenue constituted by the Department of Telecommunications (DoT). "We have assumed that the definition of AGR will prevail," the bench said, adding that the bench also comprised Justices SA Nazir and MR Shah.

 The top court reading the operative part of the judgment said,

"We have allowed the appeal of the Department of Telecommunications and dismissed the appeal of the licensees (Telecom)." The apex court said that it has rejected all other submissions of telecom companies. It states that service providers must pay fines and interest to the DoT.

The bench made it clear that there would be no further litigation on the issue. Three months were given for the calculation and payment of the outstanding amount by the telecom companies.

In July, the Center had told how much dues the Center had told the apex court that license fees of over Rs 92,000 crore have so far been owed to Bharti Airtel, Vodafone and major private telecom firms like state-owned MTNL and BSNL.

In an affidavit filed in the apex court, DoT said that as per the calculations, Airtel has to pay Rs 21,682.13 crore as license fee to the government. DoT said that Vodafone owes Rs 19,823.71 crore, while Reliance Communications owes a total of Rs 16,456.47 crore.

BSNL owes Rs 2,098.72 crore, while MTNL owes Rs 2,537.48 crore.

 
Yogesh and Ram Bajad & Associates with law firm. A law firm is normally an organization between legal counselors who have met up to offer their skill to customers under one name. We provide you this service like – Cyber Law, criminal law, corporate law, and Tenant lawyer advice.
 
Contact us : 098275 25296


Location: India

Comments

Post a Comment

Popular posts from this blog

Your right is to register an FIR, know what is the difference between FIR and NCR

Image
Your right is to register an FIR, know what is the difference between FIR and NCR It is often heard that 'Police is not registering First Information Report (FIR)'. In such a situation, many times the victim has to go to the police station, then many times have to give up and decide not to file an FIR. This is all because people do not know about their rights to register an FIR. Under the law, the police cannot refuse to register an FIR. It is also mentioned in section 154 of CRPC. Crimes in India are divided into two categories. The first is cognizable offence and the second is non cognizable offence. Serious crime The police do not require a warrant for arrest in a cognizable offense. These are serious crimes in which the police have to take immediate action. These do not require the magistrate to order the police to initiate an investigation. These include cases such as rape, murder, illegal confinement, damage to public property and taking bribe by public serva...
Read more

YR Associates Updates - High court got six judges

Image
YR Associates Updates - High court got six judges High court got six judges, husband and wife sworn together, this happened for the second time in the history of the country Another history was added with the swearing-in of six judges in the Punjab-Haryana High Court on Thursday. This is the first time in the history of the Punjab-Haryana High Court and the second time in the history of the country when the husband and wife have sworn on the same day. Earlier, Justice AK Pathak and Justice Indermeet Kaur took the oath of office and secrecy together in the Delhi High Court. Chief Justice Ravi Shankar Jha administered the oath to both husband and wife. While Vivek Puri is the District and Sessions Judge of Mohali, his wife Archana Puri is the Presiding Officer of the Punjab State Transport Appellate Authority. The names of both were sent together by the Punjab-Haryana High Court Collegium. After this it was pending for approval of the Central Government. The Cent...
Read more

Supreme Court verdict on reservation:

Supreme Court verdict on reservation: There was a fierce commotion in Lok Sabha, know which party said in the House The government on Monday made it clear that it is committed to reservation for SC and ST, amid allegations of being anti-Dalit by opposition parties over a Supreme Court ruling on reservation in appointments and promotions. In his statement in the Lok Sabha on the issue, Social Justice and Empowerment Minister Thawar Chand Gehlot said, "The central government is not a party to this issue and this decision is being considered at a high level." He said that no affidavit was sought from the Government of India regarding this decision, the Government of India will take the right steps. Gehlot said, "We are committed and dedicated to reservation." He said that this is the case of 2012 when the Congress government was in Uttarakhand. The minister also said that the government will consider this issue in a holistic manner. On this, the members of the Congre...
Read more