In the hearing of September 2020, the court had said that companies can pay AGR dues in 10 years. On behalf of Vodafone, Mukul Rohatgi said that the company has paid more than the amount that was to be paid in the first installment. The company is no longer demanding any review on this. Rohatgi said that there is an error in the AGR amount calculation. If I pay Re 1 then it shows 50 paise. The Supreme Court should allow Vodafone Idea to place these discrepancies before the Telecom Department.
Also read: Many companies of Adani Group under the scanner of SEBI and DRI, know what is the whole matter
Rohatgi said that the company made a payment of Rs 155 crore but it is showing only 153 crore in the payment book of the Telecom Department. Abhishek Manu Singhvi on behalf of Bharti Airtel said that Airtel has paid Rs 18,000 crore. There are many errors in the calculation of AGR like duplication, showing outstanding despite payments. In this, there is no demand for calculation twice. Singhvi said, we are only demanding that the Telecom Department should look into these irregularities. The Supreme Court has said in earlier decisions that there will be no re-calculation of AGR amount.
Read Hindi News online and watch Live TV News18 on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.