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Telecom AGR case: Hearing ends, SC reserves judgement

Telecom AGR case: Hearing ends, SC reserves judgement

Submitted by • August 26, 2020 www.communicationstoday.co.in

"The Supreme Court on Monday concluded its hearing on the telecom adjusted gross revenue (AGR) case and reserved the judgement for a new date. The Bench headed by Justice Mishra (along with Justices MR Shah and Abdul Nazeer) continued hearing on the issue of recovery of dues from insolvent telcos. On Friday’s hearing, the main point of the arguments was around the spectrum as an asset for the telecom companies, its sale and related rights as the apex Court on Thursday, had expressed concerns that most of the dues from telcos could be wiped out under ongoing IBC process.
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Voted by greenworld

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