Press24 News Live
Press24 News is Tv Channel brings live india news,top headlines,hindi breaking news (English News)Latest News from India & World for you

Supreme Court issues notice to telecom companies, directors over dues

1

Warning: file_get_contents(): https:// wrapper is disabled in the server configuration by allow_url_fopen=0 in /home/cvinews/english.press24.in/wp-content/themes/publisher/includes/libs/better-framework/functions/other.php on line 609

Warning: file_get_contents(https://english.press24.in/wp-content/plugins/better-adsmanager//js/adsense-lazy.min.js): failed to open stream: no suitable wrapper could be found in /home/cvinews/english.press24.in/wp-content/themes/publisher/includes/libs/better-framework/functions/other.php on line 609


NEW DELHI: The Supreme Court on Friday issued notice to telecom companies and their directors directing them to explain why contempt proceedings shouldn’t be initiated against them for not complying with its order to pay adjusted gross revenue (AGR) of Rs 1.47 lakh crore to the department of telecommunications (DoT).
The top court also told the Centre to immediately withdraw an order passed by its desk officer for not taking coercive action against telecom companies.
It noted that the concerned officer will be sent to jail if the order is not withdrawn within an hour.
On non-compliance of its AGR order, the court further stated, “We don’t know who is creating this nonsense, is there no law left in country … It is better not to live in this country and rather leave the country. Our conscience has been shaken by the way things are happening in the country.”
The court further said, “We have dismissed review plea in AGR case but still not a single penny deposited.”
Telecom operators including Bharti Airtel, Vodafone Idea and Tata Teleservices had approached the SC in January, seeking modification in the top court’s verdict in the AGR matter.
The court has already rejected the plea seeking a review of its earlier order.
Shares of Vodafone Idea fell over 12 per cent after the development in an overall domestic market which is trading flat.



How You Feel about this News,Post your comments and share the news..
(News are directly taken from Syndicate feeds,Press24 team not edited its content instead for title for more information visit source link)

Source link

قالب وردپرس

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More

Select currency
INR Indian rupee