INR 30,000 crore due is still pending from Vodafone. After multiple requests, the Supreme Court has agreed to hear Vodafone Idea’s petition for adjusting the waiver of AGR (Adjusted Gross Revenue) of INR 30,000 Crore. Read what Lawyer Mukul Rohatagi had to say about the existence of the company.
Also Read: Salary Increase up to 3% for the Central Government Employees : DA upcoming Hike in July 2025
On Thursday, the Supreme Court agreed to hear the petition of Vodafone Idea, one of the telecom companies. The petition was raised for the waiver of Adjusted Gross Revenue (AGR) due, which was around INR 30,000 crore. For Vodafone India Limited (VIL), senior lawyer Mukul Rohatgi urged that the petition needs an urgent hearing from the bench of Chief Justice (BR Ghavi) and Justice Augustine George Mashi. According to Mukul Rohatgi, an amount of interest should be waived off to keep VIL (Vodafone Idea Limited ) in existence in the telecom sector.
The lawyer also said that, in recent times, the Central Government’s share in the company has now increased to 49 per cent. Telecom companies like Bharti Airtel and Vodafone Idea’s petition was dismissed earlier by the apex court for requesting the dues of AGR and the error in calculations. The Supreme Court refused to review the 2021 order.
Also Read: Chandigarh MC New Rule: No Biometric Punch, No Pay from June 1
This year January 28, the petition was dismissed by the telecom company to review the order of 2021 by a bench of Justice Abhay S Oka and former Chief Justice Sanjiv Khanna, and Justice Sanjay Kumar.
On July 23, 2021 Apex court was held. In that meeting, the Apex Court dismissed the petition of rectification of errors in the calculation of AGR dues.
