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AIRCEL SPECTRUM SALE
SC to hear appeals on Aircel spectrum dispute in OctoberThe Supreme Court will hear appeals in October regarding the transfer of Aircel's spectrum as part of its insolvency resolution plan. The g...- Aircel insolvency: Plea in Supreme Court for interim sale of right to use of spectrumThe former Resolution Professional of Aircel entities has requested the Supreme Court's permission to sell the right to use spectrum on an ...
- DoT may move Supreme Court against NCLAT Aircel orderThe telecom department may file an appeal against an appellate order in the Aircel case, objecting to certain portions which stated that sp...
- Aircel’s Committee of Creditors moves SC against NCLAT orderPeople familiar with the matter said Aircel resolution professional Deloitte and asset reconstruction firm UVARCL, which had been cleared b...
- Aircel, RCom lenders may challenge NCLAT order on spectrum as they may lose Rs 60K crAccording to the experts and sources working with a committee of creditors, who did not wish to be named, the order may block transfer of A...
- Aircel lenders, UVARCL to move Supreme Court as NCLAT bars spectrum saleThe NCLAT has backed DoT’s stance that spectrum is a national asset that cannot be transferred to a third party, unless statutory dues are ...
- Spectrum sale under IBC after clearing government dues: NCLAT“The spectrum cannot be utilised without payment of requisite dues, which cannot be wiped off by triggering CIRP (corporate insolvency reso...
- Department of Telecom set to oppose sale of Aircel, RCom spectrum unless AGR dues paidIf not the telcos, then their buyer or recipient of the airwaves under the insolvency proceedings – UV Asset Restructuring Company (UVARCL)...
- Supreme Court says NCLAT to decide on spectrum sale of bankrupt AircelThe government in various appellate and insolvency courts has said that spectrum is a national asset that cannot be transferred to a third ...
- Can’t allow govt’s AGR dues to vanish, says Apex CourtA three-judge bench led by Justice Arun Mishra asked solicitor general Tushar Mehta to provide this information and submit details of the s...
- DoT challenges NCLT nod to Aircel resolution planThe Department of Telecommunications alleged that Aircel’s resolution blueprint is a “liquidation plan” not aimed at reviving the bankrupt ...
- Spectrum of bankrupt telcos who owe statutory dues cannot be sold: Govt to SC"Spectrum can never be a subject of sale in IBC proceedings," solicitor general Tushar Mehta told the three-judge SC bench, headed by Justi...
- UVARCL expects demand for Aircel spectrumRitesh Aggarwal, the chief financial officer told ET that valuation of airwaves and other assets would have been higher owing to six to sev...
- NCLT reserves order in RCom versus DoT case over spectrum duesThe RCom-DoT clash mirrors a similar battle between the government and another bankrupt telco, Aircel, which is also undergoing insolvency....
- RCom moves NCLT demanding status quo on spectrum license from DoTThe National Company Law Tribunal (NCLT) has asked the telecom department to file a reply within next 7 days and asked RP to send a rejoind...
- Aircel urges Supreme Court not to cancel spectrum licencesAircel said the company isn’t accused in the case against Maran and if the government takes coercive action before the next hearing on Feb ...
- Aircel to seek recall of Supreme Court order on airwaves saleAircel said its business and operation are continuing as usual and it remained committed to provide continued services to subscribers.
- Telecom ministry may not stall Aircel operation saleThe ministry also feels that any "uncalled for hurdle" in a proposed deal of Aircel will mean that the company's business could get weaker.
- Bharti Airtel to buy Aircel's 4G airwaves in 8 circles for Rs 3,500 croreThe eight circles are Tamil Nadu, Bihar, Jammu & Kashmir, West Bengal, Assam, North East, Andhra Pradesh and Orissa.
- Airtel may buy Aircel 4G airwaves for Rs 3,800 crore; deal to close gap with Reliance JioThe deal to buy Aircel’s 4G spectrum in the 2300 MHz frequency band in eight circles is expected to be finalised by March-end, said two per...
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