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SC seeks govt view on Reliance Jio's liability for RCom's AGR dues

Reliance says no legal basis for payment; the next hearing in the matter has been adjourned till August 19

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According to the apex court, spectrum cannot be sold under the Insolvency and Bankruptcy Code (IBC)

Megha Manchanda New Delhi
The Supreme Court on Monday asked the Union government whether Reliance Jio could be held liable to pay the adjusted gross revenue (AGR) dues of Reliance Communications (RCom), a bankrupt firm, because the former was sharing spectrum with the latter and earning revenue from it. It sought the annual financial details of RCom because it would be crucial for the judgment on AGR dues.
 
Solicitor General Tushar Mehta told the court the Union government would support any decision it took to help recover the dues. He said the views of the Department of Telecommunications (DoT) and those of the Ministry