After SC rap, Telecom firms to pay Rs 1.47 lakh crore dues

After SC rap, Telecom firms to pay Rs 1.47 lakh crore dues

After SC rap, Telecom firms to pay Rs 1.47 lakh crore dues

Telecom firms: The Supreme Court on Monday ruled that the telecom companies and the central telecom department have deferred their judgment on the payment of license fees and spectrum user charges. He also asked them to explain why they did not take any court action. Afterward, the Center issued to the companies to pay before 11.59 pm.

The Supreme Court upheld the central government’s decision to pay Rs 92,642 crore to various telecom companies. They had to pay Rs 1.47 lakh crore in fines in the last 23 months. Vodafone-Idea, Bharti Airtel, Tata Teleservices, Tata Teleservices. On Friday morning, the Supreme Court again issued a key ruling on the (AGR) case. The court said that even after dismissing the reconsideration plea, the companies did not pay any dues. 

No matter how many orders, telecom companies not responding said Justice Arun Mishra. He also said that the telecom companies are not paid AGR dues till now.  The Supreme Court has ordered telecom companies to pay dues strictly by March 17. In October of last year, the court said by 90 days they need to pay dues to the government. Those orders ended on January 24th. But when the telecom companies were not paying dues, the Supreme Court once again imposed a deadline of March 17, 2020.

However, within hours of the verdict of the Supreme Court, the Center imposed a deadline on Friday night, giving a shock to telecom companies. The government was likely to take serious action against them if it not paid by last midnight.

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