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INSOLVENT TELCOS
Telecom bill may not help hasten insolvency cases in sector: Ind-RaThe draft law also mentions that the government reserves the right to take back the spectrum if the ailing telecom operator fails to pay go...26 Sep, 2022, 06.46 PM IST- Termination of telecom licence will kill RCom resolution, Deloitte tells NCLTUnder the IBC proceedings, RCom’s committee of creditors in March 2020 had cleared a resolution plan that would see asset reconstruction fi...09 Jul, 2021, 10.12 AM IST
- 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 ...15 Apr, 2021, 08.58 AM IST
- 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...14 Apr, 2021, 07.20 AM IST
- 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)...30 Sep, 2020, 01.20 PM IST
- 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 ...25 Sep, 2020, 06.44 PM IST
- Guidelines mandate clearing of all dues prior to spectrum trading by telcos, DoT tells SCOn August 14, the top court had sought the details of spectrum sharing pact between RComm and Reliance Jio and said as to why the company u...25 Aug, 2020, 07.45 AM IST
- SC says govt should cancel licenses, auction spectrum if dues are being wiped out"The government should move to cancel the license, spectrum if dues are being wiped out. If telcos are unwilling to pay, we will directly c...24 Aug, 2020, 10.38 PM IST
- RCom tells SC it did not evade paying AGR dues , indicates it is not liable for SSTL's duesReliance Communications, which is in the last leg of its insolvency resolution process, filed its affidavit a few days after Sistema Shyam ...05 Aug, 2020, 07.51 PM IST
- Supreme Court wants all information on RCom, Sistema, Aircel & Videocon bankruptcy cases“We need to ensure that the IBC is not being misused by companies to escape liabilities,” a three-judge bench headed by Justice Arun Mishra...21 Jul, 2020, 08.26 AM IST
- NCLT allows RP 90 more days to complete RCom insolvencyRP petitioned for an extension as its 180 days period to complete RCom's resolution would get over in Oct.24 Sep, 2019, 07.26 PM IST
- RCom panel of creditors meeting on May 30The CoC will be viewing the report submitted by the interim resolution professional (IRP) on claims of dues filed against RCom.29 May, 2019, 10.34 PM IST
- RCom lenders likely to claim up to Rs 90,000 croreThe claim will be among the highest demanded from companies that have gone for insolvency.13 May, 2019, 08.36 AM IST
- RCom in danger of landing back in insolvencyIf the tribunal goes ahead with its threat, the payment to Ericsson will be left in the lurch.13 Mar, 2019, 11.10 AM IST
- ‘Let RCom use trust fund to pay Ericsson', NCLAT warns lenders of insolvencyRCom requested that Rs 260 crore of tax refunds held in a trust fund by lenders be released on behalf of the telco to pay Swedish telecom g...13 Mar, 2019, 08.32 AM IST
- RCom, Ericsson talks hit fresh hurdle, but Anil Ambani may find an escape hatchEricsson is driving a hard bargain to recover its RCom dues. But experts said changes in the insolvency law may come to the rescue of the b...25 May, 2018, 04.09 PM IST
- RCom, arms move NCLAT to halt insolvency proceedings against themRCom and its subsidiaries filed the pleas in the NCLAT asking it to set aside the NCLT’s order on the grounds that Ericsson was an operatio...22 May, 2018, 08.00 AM IST
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