New Delhi - The government will file an application in the Supreme Court seeking an extension of the the deadline for the auction of 2G spectrum, Communications Minister Kapil Sibal said Tuesday.
The apex court had set Aug 31 as the date by which the aunction has to be completed.
The decision was taken at a meeting of the Empowered Group of Ministers (EGoM) on telecom headed by Finance Minister P. Chidambaram Tuesday.
"We are going to move the Supreme Court, place before them the facts and what the government has done, and also place before them that in terms of this schedule it isn't possible to perhaps to complete the auction by Aug. 31," Sibal told reporters after the meeting.
Though Sibal did not elaborate on the extended timeline, a senior official said the auction would likely begin by early November.
Sibal did not say whether an extension of the deadline will allow the affected companies to continue offering services beyond Sep 7.
The Supreme Court had cancelled 122 licences Feb 2 and asked the telecom department to redistribute them through an auction.
The telecom department Monday selected Gurgaon-based Times Internet Limited (TIL), part of the Bennett, Coleman & Co media group, as the auctioneer to conduct the e-auction of spectrum in the 1800 MHz and 800 MHz bands.
The Cabinet had last week finalised Rs.14,000 crore for 5 MHz spectrum in the 1800 MHz band.
| Other Articles: |
 |
Tea production declining in organised sector in India (7th Aug, 2012) |
 |
Steps to boost Indian apparel exports on anvil (7th Aug, 2012) |
 |
Chidambaram hints at modifying tax norms, cut deficit (7th Aug, 2012) |
 |
Wadia Group companies form structure for common interests (7th Aug, 2012) |
 |
Telecom tariffs to rise 37 to 49 paise at Rs.1,400 crore reserve price: COAI (7th Aug, 2012) |
 |
Tension in Honda factory after two workers suspended (7th Aug, 2012) |
 |
Thanks to Olympics, vegetable, leather goods exports swell (7th Aug, 2012) |
 |
Tube Investments of India net down Rs.11.59 crore (7th Aug, 2012) |
 |
India to soon unveil fiscal consolidation measures (7th Aug, 2012) |
 |
Court modifies CLB order on Unitech auction (6th Aug, 2012) |
 |
AIADMK to support Jaswant Singh (6th Aug, 2012) |
 |
Sensex rallies 215 points on global cues (6th Aug, 2012) |
 |
Government to boost insurance and mutual fund industry (6th Aug, 2012) |
 |
Now, firms need to be more vigilant over comments on ‘ad medium’ Facebook pages (6th Aug, 2012) |
 |
Gold prices gained by Rs 100 to Rs 30,200 per 10 grams (6th Aug, 2012) |
 |
World dumps in Africa, India helps build capacity (6th Aug, 2012) |
 |
Breaking the glass ceiling in India's tax administration (6th Aug, 2012) |
 |
Sensex closes 193 points up (6th Aug, 2012) |
 |
Government to modify policies to meet investors' expectations (6th Aug, 2012) |
 |
Sensex rises 196 points, oil and gas, auto stocks up (6th Aug, 2012) |
 |
Fake modern Indian art market fattens on budget buyers (6th Aug, 2012) |
 |
Indian menswear brands holding own against international labels (6th Aug, 2012) |
 |
Oz firm offering free beer for one year to qualified job applicants (6th Aug, 2012) |
 |
Amazon's e-book sales surpass print books in UK (6th Aug, 2012) |
 |
Zuckerberg out of world's 10 richest tech billionaire list following Facebook share slide (6th Aug, 2012) |