Quadrant Televentures Limited vs Atc Telecom Infrastructure Pvt. Ltd. & … on 24 December, 2024
Delhi High Court Quadrant Televentures Limited vs Atc Telecom Infrastructure Pvt. Ltd. & … on 24 December, 2024 Author: Dinesh Kumar Sharma Bench: Dinesh Kumar Sharma $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI RESERVED ON -14.10.2024 % PRONOUNCED ON -24.12.2024 + O.M.P. (COMM) 396/2019, I.A. 13233/2019, I.A. 19283/2022 QUADRANT TELEVENTURES LIMITED […]
SC grants telecom firms right to claim tax credits on infrastructure duties, ET LegalWorld
In a major development for the telecom industry, the Supreme Court today ruled in favor of telecom companies, affirming their entitlement to claim credit for duties paid on parts such as tower components and green shelters. This decision overturns a previous judgment by the Bombay High Court, which had classified these items as non-capital goods, […]
NCLAT rejects TRAI’s appeal against Reliance Telecom, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by the Telecom Regulatory Authority of India challenging the National Company Law Tribunal’s order which classified the security balance of postpaid subscribers and unspent balances of prepaid subscribers of the now defunct Reliance Telecommunications and financial disincentive levied by the regulator as ‘operational debt’. […]
R. P. Garg vs The Chief General Manager Telecom … on 10 September, 2024
Supreme Court of India R. P. Garg vs The Chief General Manager Telecom … on 10 September, 2024 Author: Pamidighantam Sri Narasimha Bench: Pamidighantam Sri Narasimha REPORTABLE 2024 INSC 743 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 10472 OF 2024 (Arising out of SLP (C) No. 2792 of 2020) R.P. […]
Supreme court dismisses curative petitions, telecom sector faces severe financial crisis, ET LegalWorld
In a landmark ruling, the Supreme Court of India rejected curative petitions filed by major telecom players, including Vodafone Idea and Bharti Airtel, concerning their dues related to Adjusted Gross Revenue (AGR). The judgment upheld the 2019 ruling, imposing massive financial obligations on these companies. Shimpy Arman Sharma, Partner at Anand Sharma & Associates, expressed […]
SC dismisses curative pleas by telecom firms on AGR computation, ET LegalWorld
In a jolt to telecom firms, the Supreme Court has dismissed a batch of pleas filed by companies, including Vodafone Idea and Bharti Airtel, seeking correction of alleged errors in the Adjusted Gross Revenue. A bench comprising Chief Justice D Y Chandrachud and Justices Sanjiv Khanna and B R Gavai also rejected the plea of […]