April 11, 2012 11:14 AM

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Govt to issue Presidential reference to SC on cancellation of 122 2G licenses

The government has decided to issue a Presidential reference to the Supreme Court on the apex court's order cancelling 122 2G telecom licences. Telecom Minister Kapil Sibal told reporters after the Cabinet meeting yesterday that the proposal for Presidential reference has been cleared.

The Department of Telecom feels that the judgment has ramifications on several other sectors which also use the Supreme Court condemned 'first-come-first-serve' policy for allocation of natural resources. The Department had hence sought Presidential reference for clarifications from the Apex court.

The government's limited review petition on the process of auction to be followed on the cancelled licences, has been accepted by the Supreme Court.

The apex court has, however, rejected 10 other petitions filed by telecom companies seeking review of its February order.

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