SC gives Vodafone Idea a breather
Vodafone Idea welcomed the decision, looking forward to working with the DoT to resolve the matter for its 200 million subscribers.
The Supreme Court permitted the DoT to reassess Vodafone Idea's adjusted gross revenue dues due to "peculiar facts and circumstances" of the case.
The move opens a window for the debt-laden telecom service provider to seek a recalibration of its long-standing dues.
A bench led by Chief Justice B R Gavai allowed the Union government to reassess the amount claimed from Vodafone Idea, as the issue lies within the Centre's policy framework.
Author's summary: Vodafone Idea gets a breather from SC.