NEW DELHI : With the Supreme Court rejecting a review of its order that put ₹1.47 trillion liability of past dues on telecom companies, firms such as Bharti Airtel and Vodafone Idea are evaluating filing a curative petition before the apex court for relaxation on penalties and payment deadline.
A three-judge Supreme Court bench headed by Justice Arun Mishra on Thursday dismissed review petitions filed by telecom companies against the apex court’s October 24, 2019 verdict that asked for inclusion of non-telecom revenues for calculating statutory dues such as licence fee and spectrum usage charge. Dues dating back 15 years, as per the October order, have to be paid by January 23.
In a statement, Bharti Airtel, which faces a liability of nearly ₹35,586 crore, said it was disappointed by the order and is now “evaluating filing a curative petition.”