Jio alleged that its voting rights in are “skewed” in favour of dominant operators “giving them the absolute control to influence any or all of the decisions of the association”. The voting norms of the COAI would abysmally fall foul of the Competition Law for perpetrating anti-competitive activities, it added. “The core member’s voting rights of the constituents in the Executive Council vary based on its Adjusted Gross Revenues, with maximum number of votes per core member capped at 7... The IDOs command 68% of the total votes,” Jio said. Jio claimed that COAI regulations are also in breach of the Societies Registration Act, 1860 which advocates “one vote-one member” concept.

Source: Mint September 25, 2016 16:07 UTC