On October 10th, the newspapers carried a significant report, announcing that the Honorable Supreme Court of India had granted its consent to entertain a curative petition submitted by the Indian telecommunications companies Bharti and VodafoneIdea. This petition sought rectification of the arithmetic errors in the calculation of AGR (Adjusted Gross Revenue) dues by the Department of Telecommunications (DoT).
This development is undoubtedly heartening, given that the DoT’s AGR dues demand was originally based on the Supreme Court’s judgment of September 1, 2020, relying on “preliminary assessments.” See the extract of Page 4 below.