Overview

• Solicitor General Tushar Mehta, appearing for the Department of Telecommunications, sought time, and a bench led by Chief Justice B. R. Gavai adjourned the case to October 6 after the Dussehra break.
• Vodafone Idea has petitioned to quash fresh demands linked to AGR, including a Rs 5,606 crore claim for FY2016–17 that the company says exceeds earlier court parameters and reflects duplication and calculation errors.
• The overall additional AGR exposure cited in coverage is about Rs 9,450 crore, separate from the long-standing liabilities already under a court-mandated payment schedule.
• The DoT has argued the latest figures are not a reassessment but flow from adjustments made during the closure of pending accounts.
• Vodafone Idea’s stock fell as much as 8–9% to Rs 7.90 after the adjournment, with the company’s funding talks and capex plans still contingent on clarity; the government, now holding roughly 49% equity, has indicated efforts to work toward a resolution.