18-May-2025
Corporate News
 
‘Can’t operate beyond FY26’, says Vodafone, may have to go to NCLT for insolvency
17-May-2025

Vodafone Idea has said that it cannot operate beyond FY26 without the government’s support. This is as per a report by CNBC-TV18. The company reportedly said that if it does not get support from the government, it will go to the National Company Law Tribunal (NCLT) for insolvency. Vodafone – Ideas owes the government Rs 1.95 lakh crore for the spectrum dues. If Vodafone-Idea goes for insolvency, the government will have no recovery of its Rs 1.18 lakh crore dues for the spectrum sales.

News Source:- https://www.financialexpress.com/business/industry-cant-operate-beyond-fy26-says-vodafone-may-have-to-go-to-ncltnbspfornbspinsolvency-3847236/