سینٹر۔ ٹائمز آف انڈیا کو 92،000 کروڑ روپئے کی ادائیگی کے فیصلے پر نظرثانی کیلیے سپریم کورٹ نے ٹیلکوس کی درخواست مسترد کردی

سینٹر۔ ٹائمز آف انڈیا کو 92،000 کروڑ روپئے کی ادائیگی کے فیصلے پر نظرثانی کیلیے سپریم کورٹ نے ٹیلکوس کی درخواست مسترد کردی


Translating…

NEW DELHI: In a blow to telecom companies, the Supreme Court on Thursday refused to re-examine its verdict by which it had directed them to pay around Rs 92,000 crore as licence fee and penalty along with interest based on the revenue-sharing model from 2004 till 2015.

A bench of Justices Arun Mishra, S

Abdul Nazeer

and M R Shah dismissed the review petitions filed by

Bharti Airtel

, Vodafone Idea,

Tata Teleservices

and other companies after examining their plea in chamber. “Having perused the review petitions and connected papers with meticulous care, we do not find any justifiable reason to entertain the review petitions. The review petitions are, accordingly, dismissed,” the bench said in its order.

The telecom companies had earlier pleaded that their review petition be heard in open court and they be given a chance to convince the bench to re-examine the verdict. The bench refused the plea and dismissed their petition in the in-chamber proceedings. The last recourse for the companies, which have expressed inability to deposit the amount, is to file a curative petition to get any relief from the court.

The apex court had on October 24 allowed the Centre to recover around Rs 92,000 crore from telecom operators while dismissing their plea that adjusted gross revenue (AGR), on the basis of which fee is paid by them to the Centre, should include only core telecom services, excluding revenue from other sources. It had accepted the Centre’s contention that AGR should include dividends, handset sales, rent and profit from the sale of scrap, apart from revenue from services.

Initially, 15% AGR was fixed as licence fee under revenue sharing, which was reduced to 13% and lastly to 8% in 2013. Almost all telecom operators — Airtel, Vodafone, Idea, RCoM, Aircel, BSNL and MTNL — will feel the pinch of the apex court verdict.

“The definition of gross revenue is crystal clear in the agreement. How the adjusted gross revenue is to be arrived at is also evident. It cannot be submitted that the revenue has not been defined in the contract. Once the gross revenue is defined, one cannot depart from it and the very meaning is to be given to the revenue for the agreement,” the bench said, adjudicating the dispute between the Centre and telecom companies that has been going on since 2003.

The court had said the companies had not only to pay licence fee but will have to shell out interest and penalty for delaying payment. It had held that each and every source of revenue be part of AGR. It said discounts allowed on international roaming to consumers, commission and discount to distributors on sale of prepaid vouchers are also part of the gross revenue.

The court further said gains from foreign exchange fluctuations, monetary gains on sale of shares, insurance claim in respect of capital assets, amount of negative balance of prepaid customers, reimbursement of the infrastructure operating expenses, waiver of late fee and non-refundable deposits paid to subscribers are all part of gross revenue and licence fee must be paid taking all of them in account.

Refusing to grant any relief to the companies to waive off penalty and interest, the court said, “No litigant can be permitted to reap fruits on such inconsistent and untenable stands and litigate for decades in several rounds which is not so uncommon but is disturbing scenario projected in very many cases.”