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SC go ahead for 2G spectrum auction

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New Delhi, Feb 26:

The Supreme Court Thursday said the government will go ahead with the auction of 2G spectrum scheduled to commence March 4, but its outcome will not be finalised without the court’s permission.

2G-spectrum-baseWhile staying the Feb 12, 2015 interim order of Tripura High Court, the apex court bench of Justice Dipak Misra and Justice Adarsh Kumar Goel said no bidder, if successful, shall claim any equity in the bidding process.

The apex court order would be applicable to all the 17 circles for which Notice Inviting Applications was issued Jan 9 last. (IANS)