Delhi High Court on Thursday asked the government if it was willing to allow Bharti Airtel to adjust over Rs 3000 crore, which as per the company, is owed by the government towards the disputed licence fees for its Punjab circle for 1996-98 against future licence fees. The telecom major has claimed that the government owed it an amount of over Rs 3000 crore, including interest on the amount of Rs 399.92 crore from 2001 till date. The court was hearing Airtel’s plea challenging a single judge order holding that company was not entitled to refund. The 2012 decision was challenged by DoT and is still pending before another bench of Delhi High Court which rejected the government’s plea for stay, the company has said. The court listed the matter for further hearing on November 24.

Source: Indian Express September 29, 2016 13:52 UTC