#Headsup | Lawyers for telcos assemble for AGR hearing.

Justice Arun Mishra-led bench to shortly begin hearing the AGR case at Supreme Court.

#adjustedgrossrevenue #AGR #telecom #telcos
#AGRCase | Judges awaited, lawyers assemble for AGR hearing.

Get all the updates on the case #LIVE on CNBC-TV18.

#adjustedgrossrevenue #AGR #telecom #telcos
3-Judge Bench headed by Justice Arun Mishra yet to log in for AGR hearing. Solicitor General Tushar Mehta also yet to log in.

Sr advocates Mukul Rohatgi & Abishek Singhvi logged in. Sr Advocate Kapil Sibal logs in for Hughes Comm. Sr Advocate Arvind Datara logs in for Tata Comms
#Breaking | #AGRCase hearing begins in the Supreme Court.

Sr Advocate Rohatgi for Vodafone says submitted financial documents like income tax returns.

Supreme Court, today, is hearing the plea by the telecom companies to allow staggered repayment of their #AGR dues over 20 yrs
#Breaking #AGRCase | Sr Advocate Rohatgi for Vodafone Idea says, "Over the last 15 yrs, entire net worth of co has been wiped out.

All revenue has been spent on liabilities, tax, dues.

Over Rs 1 lakh cr of equity brought in by promoters has been eroded"

#AGR #telcos #telecom
#AGR Case | Mukul Rohatgi for Vodafone Idea: Bulk of revenues have been committed in last 3 yrs to expenses such as tax, levies, costs.

Total rev over 10 yrs was Rs 6.27 lk cr of which Rs 4.95 lk cr was spent on expenses. Accounting for other expenses, losses at over Rs 1 lk cr
#AGR Case | Supreme Court Observes: Did Vodafone ensure provisioning for #AGR liabilities? Demands had been raised by the Telecom Department, why not provided for by company?

#telecom #telcos #mobilephone
#AGRCase | Mukul Rohatgi for Vodafone Idea: Had not provided earlier because we had won earlier in TDSAT (Telecom Disputes Settlement and Appellate Tribunal).

Made provisions in the previous fiscal for about Rs 38,000 cr.

#AGR #telecom #telcos
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