Dues of Insolvent Telcos: Is There a Loophole Favouring Jio and Airtel

An amount not less than Rs 37,500 crore is owed to the government by two bankrupt telecom companies, Reliance Communications and Aircel. How these past dues are to be paid is a contentious issue that was left hanging in the balance by the Supreme Court in its September verdict in the so-called AGR (adjusted gross revenue) case.

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Paranjoy Guha Thakurta, Abir Dasgupta