SC AGR Hearing HIGHLIGHTS: The Supreme Court continued to hear the case on recovery of AGR (adjusted gross revenue) dues from insolvent telecom companies such as Reliance Communications and Aircel. A bench led by Justices Arun Mishra, S Abdul Nazeer and MR Shah heard the case. Senior advocate Harish Salve, appearing for Reliance Jio said that RCom insolvency was triggered by Ericsson. Salve informed the SC that UVARC, the top bidder for RCom, is not fronting for anyone. Reliance Jio has submitted that they are not interested in bidding for Reliance Communications. UVARC’s equity comes from public sector banks and public sector insurance companies. “What I am using I pay for it. I pay AGR. Whatever bit I am using I am paying accordingly,” Salve said. The Supreme Court in its hearing said that the problem has been solved. Reliance Jio’s statement convinced the Justices about Reliance Communications past dues.