Vodafone CEO Nick Read discuss on AGR dues with Nirmala Sitharaman and Ravi Shankar Prasad

Vodafone group's CEO Nick Read on Friday met Union Telecom Minister Ravi Shankar Prasad amid high statutory dues it owes to the government.

"It was a good meeting,” Prasad said when asked about his discussions with Read.

Read in a 40-minute long meeting discussed the company’s current situation with Prasad and Telecom Secretary Anshu Prakash.

The executive didn't comment when asked for his views after the closed-door meeting.

Earlier in the day, the top executive met Finance Minister Nirmala Sitharaman.

The meeting comes on a day, the telco submitted a self-assessment of Rs 21,533 crore which it said the company owed to the government. The company has said that it's principal dues out of it are to the tune of Rs 7,000 crore.

Vodafone Idea has the highest outstanding on account of Adjusted Gross Revenue (AGR) of Rs 53,000 crore which the Supreme Court directed the telco to pay to the Indian government.

Vodafone Idea Limited (VIL), a joint venture between the UK's Vodafone group and India's Aditya Birla group's Idea Cellular, has sought government intervention to wade financial woes. Read was accompanied by company's India operations chief executive Ravinder Takkar.

The meeting with Prasad ahead of the next round of court hearing is considered crucial and an effort to save Vodafone Idea.