Review Petition dismissed
Pursuant to the judgement in Vodafone International Holdings B.V. vs. UOI holding that Vodafone was not liable to pay capital gains on the transfer of shares, the Union of India filed a review petition in the Supreme Court seeking a review of the aforesaid judgement. HELD by the Supreme Court dismissing the review petition:
We have carefully gone through the review petition filed by the Union of India on 17th February, 2012. We find no merit in the review petition. The review petition is, accordingly, dismissed.