SUPREM COURT OF INDIA
JPMorgan says no notice from Supreme Court on Amrapali real estate case
A local newspaper the daily Business Standard, had reported on Monday citing the news agency PTI, that the court had directed the seizure of local assets of the bank in relation to some transactions between the bank and now-defunct real estate company Amrapali Group.
Rs 4,500 crore mutual fund money at stake in Voda Idea; Templeton markdown hits 6 schemes
The telco’s survival will now depend on its ability...
SC notice to centre on petition challenging CAA, NPR
The petition filed by West Bengal resident Israrul Haque Mondal has also challenged chan...
SC agrees to hear pleas against land acquisition process for bullet train project
The Supreme Court on Friday agreed to examine a batch of pleas filed by farmers against the Gujarat High Court verdict which had dismissed their petitions challenging the process of land acquisition for the ambitious Ahmedabad-Mumbai bullet train project.
What Supreme Court’s decision could mean for telcos
If the verdict doesn’t go in telcos’ favour, they will have to pay Rs 1.47 lakh crore of licence fees (over Rs 92,000 crore), spectrum usage charge (SUC), interest and penalties by January 23. Vodafone Idea and Airtel will be the worst hit, with dues of over Rs 53,000 crore and Rs 35,500 crore, respectively.
Supreme Court stay in hand, Tata Sons to hold board meet shortly
The board is likely to discuss legal implications and impact of NCLAT order.
Huge blow to telecom cos: SC hangs up on telcos’ AGR review petitions
Voda Idea & Airtel may file curative petitions, seek more time to pay combined Rs 89,000 cr dues
PSUs to file review petitions over Rs 3 lakh crore telecom dues: Government
“Government companies have a different clause than telecom companies,’’ Mehta told ET, when asked if non-telco PSUs would file review petitions against the order. The October 24 ruling had expanded the scope of adjusted gross revenue (AGR) on which telecom licence holders need to pay the fee to the government.
Vodafone Idea may seek more time from Supreme Court to pay dues
The telco had filed a review petition, hoping for a reduction in penalties, which account for 75% of the dues.
Supreme Court’s review petition dismissal last straw in sectoral financial distress: COAI
“The Supreme Court’s dismissal of the review petition is the last straw in contributing to financial distress and it remains to be seen whether the industry will be able to recover from this setback,” Rajan S Mathews, Director General of the Cellular Operators of India (COAI) said.
Not averse to allowing JSPL to transport iron-ore from Sarda Mines, says Supreme Court; reserves verdict
A bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant said it would pass a detailed order in the case filed by the Odisha government against the high court order which had allowed transportation of iron ore. The bench said it was not averse to allowing transporting of iron-ore but all the necessary dues and royalty payable be paid.
Setback for Vodafone Idea and Bharti Airtel as Supreme Court dismisses AGR review petitions
The Supreme Court has rejected Vodafone Idea, Bharti Airteland Tata Teleservices plea to review its October 24 verdict widening the definiti...
Non-telcos to file review against AGR ruling: Solicitor General
Legal experts said though none of the PSUs were party to the case, which was fought between the Department of Telecommunications (DoT) and telecom companies, they could file review petitions since they were affected by a wider interpretation of the ruling.
Supreme Court forms committee to auction Amrapali properties
The court noted that the committee will see properties should be sold first, which includes identifying the market value, as funds are primary to complete the unfinished projects.
Kerala Governor slams LDF government over moving SC on CAA without informing him
Kerala Governor Arif Mohammed Khan on Friday lashed out at the Left-ruled state government over it approaching the Supreme Court against the Citizenship (Amendment) Act and said he may seek a report for not informing him about the move.
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