Disinvestment of holding in companies by their promoters at high premium where the companies themselves are defaulting in their liability to pay Government dues.

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....ing in their liability to pay Government dues - regarding. The Board has observed recently that the promoters of a number of Telecom companies have disinvested their holding in such companies at a hefty premium. The companies themselves are however defaulting in the dues to the Government on various accounts such as licence fees etc. It is interesting to note that the shares of these companies fe....