The genesis of the dispute lies in the Scheme of Arrangement sanctioned between Vodafone Idea (Transferor Company) and Vodafone Towers (Transferee Company) by the National Company Law Tribunal, Ahmedabad Bench, in September 2019. The scheme facilitated the transfer and vesting of the fiber infrastructure undertaking of Vodafone Idea into Vodafone Idea Telecom on a going concern basis.
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Supreme Court upholds Gujarat HC relief to Vodafone Idea, strikes down ₹7.64 cr stamp duty penalty
Supreme Court upholds Gujarat HC relief to Vodafone Idea, strikes down ₹7.64 cr stamp duty penalty
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