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Spectrum Dues And Insolvency - The NCLAT View
NCLAT’s views will be relevant for the insolvency proceedings against Aircel Ltd., Videocon Group and Reliance Communications.
20 Apr 2021, 07:48 AM IST
Spectrum held by a telecom company can be transferred during insolvency proceedings but only after the pending government dues are cleared, the National Company Law Appellate Tribunal said.In its judgment, the NCLAT has dealt with questions on whether the right to use spectrum qualifies as an asset; whether such an asset can be transferred in an insolvency proceeding and the conditions that would precede such a transfer. The answers ...
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