A bench of Justices R F Nariman and Vineet Sharan said, “You both (RCom and RJio) sit together and settle the issue among yourselves by January 11. The bench said that a letter written by Reliance Jio to DoT seeking clarity on payment of past liability of RCom is “on the teeth of the guidelines”. Senior advocates Kapil Sibal and Mukul Rohatgi, appearing for RCom, said that Reliance Jio will not be liable for past liabilities. Sibal said the company will deal with its past liabilities and not look to RJio for any future demands. The TDSAT, in its last month order, had rejected DoT’s plea seeking bank guarantee of around Rs 2,900 crore before it permits sale of RCom spectrum to Reliance Jio.

Source: Mint January 07, 2019 12:11 UTC