Regulations
COAI to appeal to Supreme Court against call drop judgement
New Delhi : The Cellular Operators' Association of India (COAI) on Thursday decided to file an special leave petition (SLP) in the Supreme Court challenging the regulation issued by the telecom regulator on call drop penalty on October 16, 2015 and against the ruling of the Delhi High Court in the matter.
 
GSM body COAI said that it recognises the inconvenience to customers due to call drops and is committed making the necessary investment and improvements to its networks, including working with the government to obtain required cell sites on government land and buildings.
 
The Delhi High Court on Feb 29 upheld the order of the Telecom Regulatory Authority of India (TRAI) making it mandatory for cellular operators to compensate subscribers for call drops.
 
A division bench of Chief Justice G. Rohini and Justice Jayant Nath ordered that telecom operators would have to compensate subscribers for first three call drops.
 
The court dismissed the plea of telecom operators for a stay on TRAI's compensation policy, announced on October 16, 2015, for call drops under which a rupee will be credited to the mobile users' account for every call drop (restricted to three per day) starting January 1, 2016.
 
"COAI is requesting the Honorable Supreme Court to consider its prayer that the TRAI Regulation on Call Drops is ultra vires the TRAI Act in that the act does not give TRAI adjudicatory powers and hence TRAI cannot grant compensation," said COAI in a statement.
 
"Further, the TRAI regulation is also ultra vires the Telegraph Act of 1885 under which mobile companies are licensed wherein 100 percent coverage of the licensed geography is not required. Hence call drops emanating from these areas should not be subject to compensation. Finally COAI represents that it is impossible to identify all the reasons for call drops and hence implementation of TRAI order is not feasible," it added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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CBI quizzes senior police officer in Odisha chit fund scam
Bhubaneswar : The CBI has interrogated a senior police officer of Odisha in connection with Seashore chit fund scam in which lakhs of investors were allegedly duped of money totalling about Rs.1,500 crore, said an official of the probe agency on Thursday.
 
Inspector General (central range) R.P. Koche was quizzed on Wednesday by the Central Bureau of Inestigation (CBI) about his alleged connections with the Seashore group of companies, a CBI official said.
 
Koche admitted he faced the CBI interrogation. 
 
"This is an investigative process and I cannot divulge details of it," he told reporters on Thursday.
 
The CBI sources said Koche was quizzed at a secret location regarding a diary seized from arrested fixer Shubhankar Naik, who was allegedly acting as a link between bureaucrats, political leaders, police officials and Seashore officials.
 
Deputy Inspector General of Police (north-central range) Rajesh Kumar was also interrogated by the CBI in connection with the Seashore chit fund scam.
 
Seashore chief Prasant Das is in jail for duping thousands of depositors in the state. 
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Fresh guidelines for stay on tax appeal issued
New Delhi : Giving relief to taxpayers, the Central Board of Direct Taxes (CBDT) on Thursday issued fresh guidelines to field officers for granting stay of demand at the first appeal stage, an official statement said.
 
"Under the new guidelines, the assessing officer shall grant stay of demand till the disposal of first appeal on payment of 15 percent of the disputed demand before commissioner (appeals)," the finance ministry statement said.
 
In case the assessing officer proposes deviation from the standard pre-payment of 15 percent, he shall refer it to the administrative principal commissioner or commissioner, who will decide the quantum of demand to be paid as lump sum payment for a stay of the balance demand.
 
"Where stay of demand is granted on payment of 15 percent of the disputed demand and the assessee is still aggrieved, he can approach the jurisdictional administrative principal commissioner or commissioner for a review of the assessing officer's demand," the statement added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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