Discover and read the best of Twitter Threads about #AGRhearing

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JUDGMENT ALERT: AGR DUES

Supreme Court today will deliver its judgment on the timeframe to be allowed for the telecom companies to make staggered payment of their AGR dues.

#SupremeCourt @DoT_India #AGR @VodafoneIN @airtelindia @reliancejio
A three-Judge Bench headed by Justice Arun Mishra will also answer whether spectrum can be sold under IBC proceedings, a question the Bench had raised during the hearings on the case.

#SupremeCourt #AGR
The Judgment is expected to be pronounced at 11.30AM.

The Court is also likely to rule on the liability of telecom companies towards AGR under Spectrum sharing and spectrum trading agreements.

#SupremeCourt #AGR
Read 14 tweets
AGR DUES:

Supreme Court begins hearing the case concerning payment of Adjusted Gross Revenue (AGR) dues by telecom companies.

The Court is currently considering the question of whether Spectrum can be sold under IBC proceedings.

#SupremeCourt
#agrcase #AGRhearing
Senior Advocate Ravi Kadam appearing for Aircel's monitoring committee is the first to address Court today.

#SupremeCourt #AGRhearing #AGR
Kadam apprises the Court of the IBC proceedings Aircel is undergoing.

Kadam submits that an affidavit has been filed on behalf of Aircel before the Supreme Court.

#SupremeCourt #AGR #AGRhearing @Aircel @airtelindia
Read 38 tweets
AGR DUES CASE

#SupremeCourt to shortly begin its hearing in case concerning payment of AGR dues by telecom companies.

The Court is currently hearing telecos undergoing IBC proceedings on the larger question of whether Spectrum can be sold under IBC proceedings.
Hearing commences!

#AGR #AGRhearing #JusticeMishra
Senior Counsel Harish Salve first to make submissions. There is a potential area of difference between DOT and lenders

#AGR #AGRhearing #JusticeMishra
Read 31 tweets
AGR DUES:

Supreme Court to shortly begin hearing the case concerning payment of Adjusted Gross Revenue (AGR) dues by Telecom companies.

#SupremeCourt
#AGR
@VodafoneIN @airtelindia @reliancejio
In the previous hearing, the Supreme Court had posed the question as to why Reliance Jio, which is using RCom's spectrum under spectrum sharing agreement, should not be paying RCom's AGR dues.

@reliancejio
#SupremeCourt
This issue was raised when the Court was hearing ailing telecos on the question of whether Spectrum can be sold under IBC proceedings.

DOT had maintained, Spectrum is national property, cannot be sold by companies.

#SupremeCourt
#AGRDues

barandbench.com/news/litigatio…
Read 27 tweets

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