AGR case: Supreme Court puts spectrum users in the dock on IBC firms' dues

Such telcos should pick up AGR bill, says apex court

In an observation with wide ramifications, the Supreme Court on Friday put the onus of paying dues linked to adjusted gross revenue (AGR) on those telcos which are using the spectrum earlier held by now bankrupt firms.  According to the court proceedings, if bankrupt firms fail to pay their AGR dues, the telecom operators that got spectrum from them must make the payment.

So, if Videocon, which is in the midst of an insolvency process, cannot pay the dues, Bharti Airtel, which is using the spectrum of the Venugopal Dhoot-founded company under a commercial airwave trading pact, may have to take