Basil
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- 6 Oct 2013
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- Fastway says TRAI should have implemented 15% cap after SC judgement.
- Fastway says TRAI should not go ahead go ahead with implementation because of it's belated appeal.
- TRAI says that it would be happy if the Apex Court agrees with the main submissions of the Fastway and holds that the third proviso to clause 3(3) of the Tariff Order is valid and remains unaffected by the observations in the judgment of the then Chief Justice. However, it does not want to rely on the views of the Fastway and would prefer to get a clarification from the Apex Court itself and till then it does not want to take the risk of being called as a Regulator acting in violation of the judgment of the Madras High Court.
- TDSAT : The issue as to whether the judgment of the Apex Court noted above will have the effect of reversing the observation or the findings against the respondent’s tariff in third proviso to para 3.3 must be left to be considered by the Hon’ble Supreme Court. Hence, we are not persuaded to pass any interim order at this stage.