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Supreme Court Adjourns Vodafone Idea AGR Case to October 27

The carrier has filed a fresh plea seeking waiver of penalties on additional dues.

Overview

  • A bench led by Chief Justice B.R. Gavai deferred the matter after Solicitor General Tushar Mehta sought more time, setting the next hearing for October 27 following the Diwali break.
  • Vodafone Idea’s petition seeks quashing of additional adjusted gross revenue demands and a waiver of penalty and interest on a reported Rs 9,450 crore claim.
  • The company urges a comprehensive reassessment and reconciliation of dues under the Deduction Verification Guidelines issued on February 3, 2020.
  • The plea argues the Department of Telecommunications’ demands cover periods already settled by the 2019 ruling and contain duplicated entries, noting the court rejected earlier correction bids in 2021.
  • The government is now the largest shareholder in Vodafone Idea after earlier equity-for-dues conversions, and the stock fell roughly 2–3% intraday after the postponement.