2G spectrum Case: SC denies refund of Entry Fee

Loop Telecom and Trading Limited Vs Union of India (Supreme Court of India) Hon’ble SC  observed that the appellant was in pari delicto with DoT and the then officials of the Union government. The appellant was the beneficiary of the ‘First Come First Serve’ policy which was intended to favour a group of private bidding entities at the cost of the public exchequer. The contention of the appellant that it was exculpated from any wrong doing by the judgment of this Court in CPIL (supra) is patently erroneous. The process leading up to the award of the UASLs and the allocation ...