Approval under section 10(23G) granted subject to compliance and potential withdrawal for failure to maintain audited accounts. Approval under section 10(23G) read with rule 2E is granted to M/s Bharti Telenet Limited for its Basic Telephone Services project, subject to conformity with section 10(23G) and rule 2E. The approval is conditional on maintaining books of account, obtaining an audit by an accountant and furnishing the audit report as required by sub rule (7) of rule 2E. The Central Government may withdraw approval if the undertaking ceases to carry on an infrastructure facility or fails to meet the audit and reporting requirements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under section 10(23G) granted subject to compliance and potential withdrawal for failure to maintain audited accounts.
Approval under section 10(23G) read with rule 2E is granted to M/s Bharti Telenet Limited for its Basic Telephone Services project, subject to conformity with section 10(23G) and rule 2E. The approval is conditional on maintaining books of account, obtaining an audit by an accountant and furnishing the audit report as required by sub rule (7) of rule 2E. The Central Government may withdraw approval if the undertaking ceases to carry on an infrastructure facility or fails to meet the audit and reporting requirements.
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