SC won't allow Telcos' AGR defiance; gives jail warning to MDs on non-compliance

Supreme Court on Wednesday heard plea of Department of Telecommunications (DoT) in regard to justed gross revenue (AGR) case. three-judge bench which included Justices Arun Mishra, S Abdul Nazeer and M R Shah anunced that " furr objections to its orders would be allowed against payable dues." telecom companies h appealed before top court challenging AGR verdict on Rs 92,000 crores of past dues on m. 

Re: SC Dismisses Review Petition By Telecom Operators Urging New Schedule For AGR Payment

"We are of conclusive opinion that self-assessment or reassessment shall be done," re order of apex court. "Telecom companies think y are very powerful and that is why y are influencing newspapers to write stories everyday. If we want, we can send Managing Directors from companies to jail," said Justice Mishra. 

Re: Airtel, Voda Idea, Tata Tele Likely To Pay AGR Dues On Monday: DoT Source

Last month Supreme Court h rejected review petition by telecom operators urging apex court for a new schedule to pay justed Gross Revenue (AGR) dues. apex court also initiated contempt of order proceedings against panel representing telecom companies for t complying with order earlier.

Re: Airtel, Voda Idea To Pay AGR Dues After Supreme Court Hearing, Jio To Pay Rs 177 Cr

Period granted by SC for payment lapsed on Jan 24

October judgment passed by Supreme Court h granted 90 days to telecoms to pay dues sought from m on AGR account. period of 90 days lapsed on January 24 and without paying any due, companies approached SC seeking a modification of order. Bharti Airtel, in review petition, stated that 90 days was t sufficient for company to undergo process of evaluating dues and n paying. Vodafone argued that it was facing financial stress and company is t in a position to make a payment.

Re: Vodafone Idea Says It Will Pay AGR Dues, Continuation Of Biz Depends On SC Order