HC rejects plea for extension of 3G bid time
iving a go ahead to the government for auction of the 3G spectrum (radio frequency) starting on April 9, the Delhi High Court on Friday dismissed a petition seeking extension of time for submitting bids.
March 19 is the last date for submission of the forms to participate in the 3G auction. The bench did not agree that 25 days’ time given for submitting the bids in the Notice for Inviting the Application of February 25 was very less and small operators would be deprived.
“Transparency is there. The government has already put all the information regarding the auction on its website in October last year,” the bench said. It also added that the auction was in nature of commercial transaction and all the norms are followed.
The court also observed that the petitioner Umesh Joshi was not even an interested party as he was not going to bid for the 3G spectrum. After that it imposed a cost of Rs 15,000 on Joshi and said that if he failed to submit it then action would be taken against him.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.