{"id":58828,"date":"2020-02-18T13:51:05","date_gmt":"2020-02-18T08:21:05","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=58828"},"modified":"2020-02-18T13:51:05","modified_gmt":"2020-02-18T08:21:05","slug":"supreme-court-refuses-to-accept-vodafones-proposal-to-pay-rs-2500-cr-by-today","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/supreme-court-refuses-to-accept-vodafones-proposal-to-pay-rs-2500-cr-by-today","title":{"rendered":"Supreme Court refuses to accept Vodafone&#8217;s proposal to pay Rs 2,500 cr by today."},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"58832\" data-permalink=\"https:\/\/www.legalindia.com\/news\/supreme-court-refuses-to-accept-vodafones-proposal-to-pay-rs-2500-cr-by-today\/vodafone\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?fit=300%2C168&amp;ssl=1\" data-orig-size=\"300,168\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"vodafone\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?fit=300%2C168&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?fit=300%2C168&amp;ssl=1\" class=\"alignleft size-full wp-image-58832\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?resize=300%2C168&#038;ssl=1\" alt=\"\" width=\"300\" height=\"168\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?w=300&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/02\/vodafone.jpg?resize=150%2C84&amp;ssl=1 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>The Supreme Court on Monday refused to accept telecom firm Vodafone&#8217;s proposal to pay Rs 2,500 crore by today and Rs 1,000 crore by Friday against adjusted gross revenue (AGR) dues and that no coercive action be taken against it.<\/p>\n<p>A bench headed by Justice Arun Mishra declined to accept the proposal given by senior advocate Mukul Rohatgi, appearing for Vodafone, after he mentioned the matter.<\/p>\n<p>Rohatgi said they are willing to pay Rs 2,500 crore today and another Rs 1,000 crore by Friday but no coercive action be taken against the company.<\/p>\n<p>He said the bank guarantee deposited with the government by Vodafone should also not be encashed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Monday refused to accept telecom firm Vodafone&#8217;s proposal to pay Rs 2,500 crore by today and Rs 1,000 crore by Friday against adjusted gross revenue (AGR) dues and that no coercive action be taken against it. A bench headed by Justice Arun Mishra declined to accept the proposal given by senior [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1954],"tags":[46253,46254,24743,46255],"class_list":["post-58828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-high-profile-cases","tag-adjusted-gross-revenue","tag-agr","tag-justice-arun-mishra","tag-vodafones-proposal-to-pay-rs-2500-cr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Supreme Court refuses to accept Vodafone&#039;s proposal to pay Rs 2,500 cr by today. - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"The Supreme Court on Monday refused to accept telecom firm Vodafone&#039;s proposal to pay Rs 2,500 crore by today and Rs 1,000 crore by Friday against - Get the latest legal news from the Supreme Court, High Courts, and government. 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Abdul Nazeer & MR Shah is hearing a plea by the Department\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27707,"url":"https:\/\/www.legalindia.com\/news\/3g-centre-restrained-from-taking-steps-against-vodafone-idea","url_meta":{"origin":58828,"position":1},"title":"3G: Centre restrained from taking steps against Vodafone, Idea","author":"Legal India Admin","date":"April 12, 2013","format":false,"excerpt":"In a breather for Vodafone and Idea Cellular, the Delhi High Court today restrained the Centre from taking any \"coercive steps\" against the telecom majors which have been asked to pay penalty of Rs 550 crore and Rs 300 crore respectively for providing 3G services outside their circles without requisite\u2026","rel":"","context":"In &quot;Corporate Law News&quot;","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35490,"url":"https:\/\/www.legalindia.com\/news\/court-rules-favouring-vodafone-transfer-pricing-case","url_meta":{"origin":58828,"position":2},"title":"Court rules favouring Vodafone in transfer pricing case","author":"Legal India Admin","date":"October 10, 2014","format":false,"excerpt":"The Bombay High Court Friday ruled that British telecom major Vodafone need not pay taxes of around Rs.3,200 crore in a transfer pricing case. \"We feel that there is no taxable income on the share premium received on the issue of the shares,\" a division bench of Chief Justice Mohit\u2026","rel":"","context":"In &quot;Consumer Law News&quot;","block_context":{"text":"Consumer Law News","link":"https:\/\/www.legalindia.com\/news\/category\/consumer-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/06\/Bombay-High-Court.jpg?fit=504%2C432&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7320,"url":"https:\/\/www.legalindia.com\/news\/supreme-court-asks-vodafone-to-deposit-rs-2500-crore","url_meta":{"origin":58828,"position":3},"title":"Supreme Court asks Vodafone to deposit Rs.2,500 crore","author":"Legal India Admin","date":"November 15, 2010","format":false,"excerpt":"The Supreme Court Monday directed telecom major Vodafone to deposit Rs.2,500 crore ($550 million) as part of a tax liability in the takeover of Hutch Essar group\u2019s India operations. An apex court bench headed by Chief Justice S.H. Kapadia also said Vodafone has to provide a bank guarantee of Rs.8,500\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2010\/11\/vodaphone.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":16450,"url":"https:\/\/www.legalindia.com\/news\/vodafone-neednt-pay-tax-for-hutch-acquisition-supreme-court","url_meta":{"origin":58828,"position":4},"title":"Vodafone needn\u2019t pay tax for Hutch acquisition: Supreme Court","author":"Legal India Admin","date":"January 21, 2012","format":false,"excerpt":"The Supreme Court Friday set aside the Bombay High Court order directing Vodafone to pay a tax of Rs.11,218 crore ($2.5 billion) for acquiring the operations of Hutch Essar in 2007. 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