{"id":350697,"date":"2020-05-11T11:44:15","date_gmt":"2020-05-11T06:14:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350697"},"modified":"2020-05-11T12:30:56","modified_gmt":"2020-05-11T07:00:56","slug":"gail-says-dots-rs-1-83-lakh-cr-demand-notice-not-material-event","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-says-dots-rs-1-83-lakh-cr-demand-notice-not-material-event\/","title":{"rendered":"GAIL says DoT&#8217;s Rs 1.83 lakh cr demand notice not material event"},"content":{"rendered":"<p>State-owned gas utility GAIL India Ltd has told market regulator Sebi that it did not consider DoT&#8217;s notice seeking Rs 1.83 lakh crore in past dues as material event warranting disclosure to stock exchanges as the amount in the provisional assessment was considered not payable.<\/p>\n<p>Replying to a notice by the Securities and Exchange Board of India (Sebi) over non-disclosure of Department of Telecommunications (DoT) assessment orders\/demand notices, GAIL on May 6 said the demand was not legally tenable.<\/p>\n<p>&#8220;The amount assessed in provisional assessment orders are not payable, being unrelated matter to the terms and conditions of the IP-II licence obtained by the company and hence are also legally not tenable,&#8221; the company in a regulatory filing disclosing the communication with Sebi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned gas utility GAIL India Ltd has told market regulator Sebi that it did not consider DoT&#8217;s notice seeking Rs 1.83 lakh crore in past dues as material event warranting disclosure to stock exchanges as the amount in the provisional assessment was considered not payable. Replying to a notice by the Securities and Exchange Board of India (Sebi) over non-disclosure of Department of Telecommunications (DoT) assessment orders\/demand notices, GAIL on May 6 said the demand was not legally tenable. &#8220;The amount assessed in provisional assessment orders are not payable, being unrelated matter to the terms and conditions of the IP-II [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-350697","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350697"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350697\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}