A Reliance Communications store (File photo| Reuters) 
Business

SC rejects Centre's plea challenging refund of Rs 104 crore ordered by TDSAT to RCom

TDSAT had on December 21, 2018 directed the Centre to return around Rs 104 crore after encashing bank guarantee of Rs 908 crore against spectrum charges of Rs 774 crore.

From our online archive

NEW DELHI: The Supreme Court on Tuesday rejected the Centre's plea challenging TDSAT's order directing refund of around Rs 104 crore to Reliance Communication.

A bench of justices R F Nariman and S Ravindra Bhat said, "We don't find any merits in the appeal".

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had on December 21, 2018 directed the Centre to return around Rs 104 crore after encashing bank guarantee of Rs 908 crore against spectrum charges of Rs 774 crore.

The Department of Telecom has already adjusted Rs 30.33 crore.

Rahul Gandhi, Priyanka Gandhi, other Congress leaders released by Delhi Police after detention

Why are bond yields rising, what it means for borrowers and investors?

Tremors felt across Delhi-NCR as 4.9-magnitude quake hits Uttarakhand's Chamoli

CBI books Punjab CM’s OSD in corruption case, searches Mann’s ‘camp office’

No meeting request received from any party, EC says amid Rahul-led INDIA bloc protest