Thursday, March 1, 2012

Govt ready with 3-pronged plan on cancelled 2G licences

A government group under the chairmanship of Finance Minister Pranab Mukherjee has broadly accepted a Department of Telecommunications (DoT) proposal favouring a three-pronged strategy to deal with the challenges arising out of the Supreme Court order cancelling 122 telecom licences.The accepted proposal envisages the government filing a review petition, a presidential reference with respect to the question of law that has arisen as a result of the order as well as a clarification petition covering operational issues. The drafts of the petitions are now under discussion in the DoT, from where they will be referred to the law ministry.
Source: Business Standard

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