SC rejects Centre\'s plea challenging refund of Rs 104 cr ordered by TDSAT to RCom
7 Jan 2020 11:16 AM IST
The Department of Telecom has already adjusted Rs 30.33 crore.
RCom, which is going through insolvency process, had made a profit of Rs 1,141 crore in the second quarter of the previous financial year (Q2 FY19).
New Delhi: The Supreme Court on Tuesday rejected the Centre's plea challenging TDSAT's order directing refund of around Rs 104 crore to Reliance Communication.
A bench of justices R F Nariman and S Ravindra Bhat said, "We don't find any merits in the appeal".
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had on December 21, 2018 directed the Centre to return around Rs 104 crore after encashing bank guarantee of Rs 908 crore against spectrum charges of Rs 774 crore.
The Department of Telecom has already adjusted Rs 30.33 crore.
Next Story
