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VINAY SONPAL LL.M. SENIOR ADVOCATE BOMBAY

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Mumbai, Maharashtra, India
I am Senior Advocate High Court Bombay

3 Sept 2020

AGR to paid in 10 yearly instalment upto 31.3.2031

In  Union Of India vs Association Of Unified Telecom by order dt  1 September, 2020

the Apex Court directed that the demand Adjusted Gross Revenue shall no more be available for dispute by Respondents and demand by Telecom Department shall be paid in equal yearly instalment starting 10% from 31.3.2021 to 31.3.2031.This is great relief to existing operator who will be able to survive in industry.

https://indiankanoon.org/doc/77529842/

https://ibbi.gov.in//uploads/order/c5a7773967bf6319bbcfd324cd258f4e.pdf