38.6c New Delhi, India, Wednesday, April 17, 2024
Judiciary

Non-telecom PSUs Move Supreme Court Seeking Exemption From Payment Of Dues: AGR-DoT Matter

By LawStreet News Network      25 January, 2020 07:01 PM      0 Comments
Non-telecom PSUs Move Supreme Court Seeking Exemption From Payment Of Dues: AGR-DoT Matter

Non-telecom PSUs like GAIL (India) Limited (GAIL), Power Grid Corporation India Limited (PGCIL) and Oil India Limited (OIL) moved the Supreme Court of India yesterday (January 24, 2020) filing separate applications for clarification of its October 24, 2019 order on payment of license fees' dues.

One of the applications by OIL’s stated that we nearly earned Rs. 1.47 Crores from spare capacity but the Department of Telecommunications (DoT) has asked for Rs.  48,000 Crores license fee based on its entire revenue.

GAIL and PGCIL are likely to file applications on Thursday, the same can be expected from Delhi MetroRail Corporation and Rail-Tel. Other PSUs with smaller demand might approach the Apex Court as well.

Highlighting DOT's unethical demands as raised by Moody’s Investors Services, they stated that DOT's fee is 8 times higher than the projected data and 3 times higher than its market capitalization. The company has neither made any provision nor has the capacity to pay that amount, with the existing cash flow.

OIL has filed a clarificatory petition before the Supreme Court. Companies which have received payment notices from DOT in the amount of Rs. 3 lakh crores are having a discussion with the Solicitor-General, Tushar Mehta. On this, the SG said that DOT has different norms for telecos and whether the deadline of Jan 24 applies to Non-telecom firms, is not certain yet.

DoT has also sought payment from India’s largest oil marketer GAIL, around Rs. 1.72 lakh crores. Cumulative dues of non-telecom companies of 3 lakh crores are more than those of 15 telecom companies at Rs. 1.47 lakh crores, including license fees, spectrum usage charges, interest and penalties.

Author: Aarya Mishra



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

baba-ramdev-acharya-balkrishna-offer-to-make-public-apology-in-sc-for-misleading-advertisements
Trending Judiciary
Baba Ramdev, Acharya Balkrishna offer to make public apology in SC for misleading advertisements

Baba Ramdev and Acharya Balkrishna offer public apology in SC for misleading ads, court deliberates acceptance.

16 April, 2024 01:57 PM
hymen-tear-or-genital-injuries-are-not-a-sine-qua-non-to-prove-penetrative-sexual-assault-in-pocso-case-rules-guwahati-hc
Trending Judiciary
Non-tear of the hymen is of no consequence in cases of penetrative sexual assault: Guwahati HC in POCSO case [Read Judgment]

Hymen tear or genital injuries are not a sine qua non to prove penetrative sexual assault, the Guwahati High Court has held in a case under the POCSO Act, 2012.

16 April, 2024 05:06 PM

TOP STORIES

sc-sets-aside-judgment-upholding-arbitral-award-against-dmrc
Trending Business
SC sets aside judgment upholding arbitral award against DMRC [Read Judgment]

Supreme Court overturns arbitral award favoring Reliance Infrastructure subsidiary against DMRC, citing grave miscarriage of justice.

11 April, 2024 11:43 AM
delhi-hc-rejects-third-plea-for-arvind-kejriwals-removal-as-delhi-cm-blasts-petitioner-for-abuse-of-judicial-process
Trending Political NEWS
Delhi HC rejects third plea for Arvind Kejriwal's removal as Delhi CM, blasts petitioner for abuse of judicial process [Read Judgment]

Delhi High Court dismisses the third PIL plea before it seeking Aam Aadmi Party leader Arvind Kejriwal’s removal as Chief Minister of Delhi, imposes Rs. 50,000 cost on petitioner.

11 April, 2024 03:29 PM
use-of-social-media-to-interfere-with-administration-of-justice-needs-serious-consideration-sc
Trending Judiciary
Use of social media to interfere with administration of justice needs serious consideration: SC [Read Judgment]

Supreme Court warns against social media misuse in legal matters, cautions against prejudicial posts interfering with justice.

11 April, 2024 05:44 PM
two-day-conference-on-april-on-technology-and-dialogue-between-sc-and-singapore
Trending Legal Insiders
Two-day conference on April 13-14 on Technology and Dialogue between SC and Singapore

Explore AI's role in law at the India-Singapore Supreme Court conference on technology, enhancing judicial processes and access to justice, April 13-14, 2024.

12 April, 2024 06:16 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email