Vodafone-Idea (VI) won a major relief in the Supreme Court on Monday after the government agreed to reconsider its demand for additional adjusted gross revenue (AGR) dues from the company and take an appropriate decision in accordance with the law.
Appearing before a Bench headed by the Chief Justice of India B.R. Gavai, Solicitor General Tushar Mehta, for the Union government, said there had been a “huge change in circumstances” in the time between the previous AGR litigation in the apex court involving VI, and the present one.
Mr. Mehta submitted that the government has infused a “substantial equity” to the tune of 49% in the company.
“Thus the government’s interest, which is the public’s own interest, is interlinked with the company now,” the top law officer submitted.
He furthe

The Hindu

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