SC AGR Hearing HIGHLIGHTS: The Supreme Court in the fifth straight session, continued hearing the matter on non-payment of the adjusted gross revenue (AGR) dues by telecom companies under insolvency. A bench led by Justice Arun Mishra heard the matter. Senior advocate Harish Salve, appearing for Reliance Jio, said to the Supreme Court that it didn’t receive any notice from the government on any additional dues claimed by the Department of Telecommunications (DoT). Similarly, senior advocate Kapil Sibal for Bharti Airtel informed the court that even Airtel has not received any notice from the government over any additional dues. Sibal also said that if the SC refuses to recognise the sale of spectrum, banks will stop lending to telcos and this will hurt the telecom sector. The SC told NK Kaul, appearing for Videocon Telecom resolution professional, that as per trading guidelines, past dues need to be paid before transfer of spectrum. “If you don’t pay, Bharti, who acquired the Videocon spectrum will have to pay,” SC observed. The Supreme Court has adjourned the hearing till Monday at 4 PM.