Service providers have sufficient financial capacity to pay govt dues by monetising their existing investments and by issuing fresh equity.
The company was earlier scheduled to approve and release its Q2 numbers on Tuesday.
Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its 52-week low.
A three-judge bench, headed by Justice Arun Mishra, upheld the definition of adjusted gross revenue formulated by the Department of Telecom.
Govt is aware of the seriousness of the situation and the ED is taking appropriate action against the culprit.
The court took on record the third report of forensic auditors with regard to the Heartbeat city project of Amrapali and others.
Reliance holds 66.6 per cent interest in block KG-DWN-98/3 or KG-D6 in the Bay of Bengal.
A bench of justices A M Khanwilkar and Dinesh Maheshwari issued notice to NBCC and sought its reply by September 5.
The bench posted the matter for further hearing on Thursday and extended the status quo order till then.
The bench posted the matter for further hearing on September 11.