By Admin 
The Supreme Court on Monday dismissed a petition to waive the adjusted gross revenue (AGR) arrears of telecommunications company Voda-Aidia, Airtel and Tata Teleservices. Justice J. B. Pardiwala and Justice R.K. Mahadevan’s bench said that the petitions have been prepared incorrectly.
The bench told senior advocate Mukul Rohatgi, appearing for Vodafone, “We are really surprised by these petitions, which have come before us. The court said that this is not expected from a multinational company. We will dismiss it. “
Voda-aiertel shocks
The Supreme Court refused to come in the way of the government’s will to help the telecom companies. & nbsp; Vodafone has sought a discount of around Rs 30,000 crore as interest on interest, fine and fine of its AGR dues.
Mukul Rohatgi had earlier said that the existence of the petitioner company is necessary to maintain competition in the telecom sector. He said that after recently converting interest arrears into equity, now the Center has a 49 percent stake in the company.
The company said in the petition, “The current writ petition has not demanded a review of the verdict, but under the verdict, an exemption has been sought from payment of interest on interest, fine and fine.” The petitioner demanded that the Center demanded to work in fair and public interest and to pay interest on interest, fine and interest on AGR arrears."Text-Align: justify;"> ALSO READ: Turkish Aviation Company immersed in confrontation with India, big loss of 26 percent capital in just four days