A senior government official expects the company to pay up its dues. However, analysts remain sceptical about the telco’s prospects. A senior Supreme Court lawyer said Vodafone Idea could approach NCLT and if it admitted the case, then the moratorium on payments under the bankruptcy law would kick in and the telco might not have to pay up.
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For Vodafone Idea, choice is equity infusion or bankruptcy: Analysts
For Vodafone Idea, choice is equity infusion or bankruptcy: Analysts
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