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AGR Hearing Highlights | Supreme Court adjourns case to August 17

No verdict was passed on the time frame for a staggered repayment of telecom companies' AGR dues.

August 14, 2020 / 09:37 PM IST

The Supreme Court (SC), in its hearing on August 14 in the AGR dues case, directed telcos under insolvency to submit details of spectrum sharing agreements that they have entered into. The court has also asked for the spectrum sharing agreement between RComm and Reliance Jio to be placed on record, CNBC-TV18 has reported.

No verdict was passed on the time frame for a staggered repayment of telecom companies' AGR dues. The next hearing in the matter has been scheduled for 3 pm on August 17.

Vodafone Idea has to pay a balance of Rs 50,399 crore, while Bharti Airtel's outstanding amount is Rs 25,976 crore, Solicitor General Tushar Mehta said on July 20.

The top court had in October 2019 upheld the expanded definition of AGR set by Department of Telecommunications (DoT).