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#AGR Case Hearing | Justice Arun Mishra-led bench assembles for hearing
#AGR Case Hearing begins
#AGR Case Hearing | Solicitor General tells Supreme Court, Central Govt has examined the AGR issue
#AGR Case Hearing | Solicitor General Tells Supreme Court Central Govt has examined the impact across sectors if the amount is collected in one go

#Vodafone #VodafoneIdea #BhartiAirtel
#AGR Case Hearing | Solicitor General To Supreme Court: some telecom cos may close operations if amount is collected in one go

#Vodafone #VodafoneIdea #BhartiAirtel
#AGR Case Hearing | Supreme Court Observes, Give us details of timeframe on AGR dues payment
#AGR Case Hearing | Supreme Court Observes, how many years is govt proposing on the payment of AGR? What is the guarantee that telcos will pay as per timeframe? What is the security that telcos are ready to furnish? Are telcos willing to submit personal guarantees by directors?
#AGR Case Hearing | Solicitor General tells Supreme Court, telecom companies must provide some security to satisfy the court
#AGR Case Hearing | Supreme Court observes, our judgment was silent on PSUs. There were never an issue. Who authorised demands to be raised against PSUs?
#AGR Case Hearing | Supreme Court observes, demand against PSUs must be withdrawn
#AGR Case Hearing | Supreme Court observes, How could demands have been issued to PSUs when our judgment does not touch them. Govt must explain how our ruling is used for that purpose. This is misuse of judgement
#AGR Case Hearing | Solicitor General tells Supreme Court, nature of the agreement with PSUs was such that bills had to be raised. Since they had also taken licence, demands were issued
#AGR Case Hearing | Amongst PSUs, Oil India dues stand at Rs 48,489 cr, Power Grid at Ra 22,062.65 cr & GAIL at Rs 1.72 lakh cr
#AGR Case Hearing | Solicitor General tells Supreme Court,
most PSUs hold licences which are different from telecom service providers. Bills that we have raised come up to Rs 4.28 lakh cr
AGR Case Hearing | Supreme court observes, there is vast difference in licences of PSUs & licences of telcos. Govt must clarify if demand order to PSUs, has been revoked. Is the govt trying to overwhelm us by raising such a large demands to PSUs?
#AGR Case Hearing | Supreme Court observes, demand against PSUs is impermissible. How can DoT raise such unnecessary demands?
#AGR Case Hearing | Solicitor General tells SC, we thought we were required to raise demands against PSUs, so we went ahead
#AGR Case Hearing | Supreme Court observes, demands to the tune of Rs 4 lakh cr being raised with ulterior motives
#AGR Case Hearing | Solicitor General tells Supreme Court, PSUs were licence holders is our justification. We will file necessary affidavits to explain our position
#AGR Case Hearing | Supreme Court observes, Nobody has seen the next 20 years, can't allow extension based on a "gentleman's promise". How can 20 years be said to be reasonable

Solicitor General says various considerations are on the mind of the cabinet, it has proposed 20 yrs
#AGR Case Hearing | Bharti Airtel tells Supreme Court, it’s already paid Rs 18,000 cr, 70% of the Rs 25,600 cr received by DoT from all cos. Biggest reassurance is that our licence can be cancelled if don't pay over the agree time period
#AGR Case Hearing | Vodafone Idea tells Supreme Court, best reassurance is that licence, spectrum can be cancelled if we don’t pay.

Total balance demand is Rs 50,000 cr, we don’t have enough money to issue Bank guarantee of Rs 50,000 cr
#AGR Case Hearing | Supreme Court Observes, are telecom companies prepared to issue Bank guarantee? Are directors prepared to issue personal guarantee?

Undertakings will have to be there, we can't allow such staggered payout without securing govt dues
#AGR Case Hearing | SC says telecom companies making profits during lockdown, but none of them contributed anything towards COVID
Supreme Court Order On #AGR | Have questioned the DoT on how demand against PSUs had been raised, when our judgment never dealt with PSUs
Supreme Court Order On #AGR | Govt admits to difference in licences of PSUs & Telcos. Our judgment could not have been made the basis of launching demand against PSUs. DoT is directed to clarify raising of demands within 3 days of the order
Supreme Court Order On #AGR | Telecom companies are directed to file reply on roadmap of payment, time to be allowed & securities
Supreme Court Order On #AGR | SC directs Dept of Telecom to reconsider demands raised against PSUs
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