NEW DELHI: The government is not going to take any suo motu authorized opinion on the monetary disaster for Vodafone Thought and Bharti Airtel after dismissal of a healing petition by the Supreme Court docket on the adjusted gross income (AGR) matter. Any view will likely be initiated solely after a plea by the telcos, sources have stated.
“There isn’t a want for a authorized view as but, as the choice of a healing petition broadly means closure of a case,” the supply stated.This comes at the same time as Vodafone Thought has introduced a convention name with traders and analysts on September 23 to offer “an replace on latest developments”.
Requested whether or not another reduction measures will be thought of to bail out the businesses, the sources stated, “This will occur as soon as we obtain a request to this impact from the businesses. Thus far, there isn’t any such correspondence that we now have obtained.”
“There isn’t a want for a authorized view as but, as the choice of a healing petition broadly means closure of a case,” the supply stated.This comes at the same time as Vodafone Thought has introduced a convention name with traders and analysts on September 23 to offer “an replace on latest developments”.
Requested whether or not another reduction measures will be thought of to bail out the businesses, the sources stated, “This will occur as soon as we obtain a request to this impact from the businesses. Thus far, there isn’t any such correspondence that we now have obtained.”
