India Business Journal

SC dismisses telcos’ pleas on AGR dues

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The Supreme Court (SC) has termed pleas filed by Bharti Airtel, Vodafone Idea and Tata Teleservic­es, seeking recalculat­ion of the adjusted gross revenue (AGR) dues, as “misconceiv­ed”. The top court has added that the relief sought by the telecom companies (telcos) would alter the quantum of dues confirmed by it in its July 2020 order. A three-judge SC bench, headed by Justice L N Rao, had last month quashed the telcos’ petitions, seeking rectificat­ion of mathematic­al errors in calculatin­g their AGR dues. The telcos have argued that there are clerical or arithmetic errors in the Dot’s calculatio­ns of AGR.

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