The Supreme Court of India today (September 19) has dismissed the pleas seeking recalculation of adjusted gross revenue (AGR) in a big jolt to the telecom companies.
The curative petitions by Indian telecom companies, which are usually decided by judges in the chamber and mostly rejected, were listed before a bench comprising Chief Justice of India (CJI) DY Chandrachud and Justices Sanjiv Khanna and BR Gavai.
SC has rejected the curative pleas of telecom companies seeking correction of alleged errors in the computation of AGR dues payable by them.
“Application for listing the Curative petitions in open Court is rejected. We have gone through the curative petitions and the connected documents. In our opinion, no case is made out within the parameters indicated in the decision of this Court. The curative petitions are dismissed,” stated the Supreme Court in its August 30 order.
In September 2020, the Supreme Court granted telecom companies a period of 10 years to clear their pending AGR dues to the Central government, with a 10 per cent payment to be made every year.
Telecom companies get a big blow from Apex Court
- Curative petition regarding AGR dues were rejected.
- Supreme Court rejected the petition.
- An application seeking recalculation of adjusted gross revenue was rejected.
- Vodafone India, Bharti Airtel and several other telecom companies had filed curative against the 2019 apex court decision in the case.
- Along with this, the apex court has also imposed arbitrary fines on them.
- Telecom companies' demand for a hearing in open court was also rejected.
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