Supreme Court issues show cause notice to telecom Cos. over non-payment of adjusted gross revenue

COMPANY LAW/INDIAN TELEGRAPH ACT : Telecom companies had violated order passed by Supreme Court in pith and substance as in spite of dismissal of Review application, they had not deposited dues linked to adjusted gross revenue. Hence, Managing Directors/Directors of said telecom companies were to show cause why contempt proceedings should not be initiated against them for violating order passed by this Court by not depositing amount, on next date of hearing

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