SC directs Airtel to pay over Rs 100 crore to now defunct Aircel over past dues

On Aircel being admitted to insolvency, Airtel owed it Rs. 453 crore towards STA and other dues. The Resolution Professional (RP) of Aircel called upon Airtel to make the payment in 2019. However, Airtel paid Rs. 341 crore and retained Rs. 112 crore.

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