The case involves multiple appeals against the initiation of the Corporate Insolvency Resolution Process against Reliance Communication Limited. The appeals challenge show-cause notices issued by the Department of Telecommunications (DoT) regarding the revocation of spectrum due to default in payment and breach of license agreement. The Appellant argues that these notices violate an interim order passed by the Appellate Tribunal prohibiting the sale, transfer, or alienation of the Corporate Debtor's property or invocation of guarantees without prior permission. The Interlocutory Application was filed for clarification of an earlier order and challenging the show-cause notices issued by the DoT.
The case involves appeals against the initiation of the Corporate Insolvency Resolution Process (CIRP) against Reliance Communication Limited. An interim order was initially passed on May 30, 2018. The Appellants sought to withdraw the appeal. However, the Appellate Tribunal, instead of allowing withdrawal, passed an order on February 4, 2019, listing the case for urgent mentioning and allowing the Respondent(s) to file a reply affidavit. This order also prohibited the Appellants, Corporate Debtor, Respondent(s), Guarantors, or any third party from selling, transferring, or alienating any property of the Corporate Debtor or invoking any guarantee or mortgage without prior permission. Subsequently, the Department of Telecommunications (DoT) issued show-cause notices
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An interim order was passed initially in the…
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The case involves multiple appeals against the initiation of the Corporate Insolvency Resolution Process against Reliance Communication Limited. The appeals challenge show-cause notices issued by the Department of Telecommunications (DoT) regarding the revocation of spectrum due to default in payment and breach of license agreement. The Appellant argues that these notices violate an interim order passed by the Appellate Tribunal prohibiting the sale, transfer, or alienation of the Corporate Debtor's property or invocation of guarantees without prior permission. The Interlocutory Application was filed for clarification of an earlier order and challenging the show-cause notices issued by the DoT.
The case involves appeals against the initiation of the Corporate Insolvency Resolution Process (CIRP) against Reliance Communication Limited. An interim order was initially passed on May 30, 2018. The Appellants sought to withdraw the appeal. However, the Appellate Tribunal, instead of allowing withdrawal, passed an order on February 4, 2019, listing the case for urgent mentioning and allowing the Respondent(s) to file a reply affidavit. This order also prohibited the Appellants, Corporate Debtor, Respondent(s), Guarantors, or any third party from selling, transferring, or alienating any property of the Corporate Debtor or invoking any guarantee or mortgage without prior permission. Subsequently, the Department of Telecommunications (DoT) issued show-cause notices
…An interim order was passed initially in the…
The Appellate Tribunal passed an order listing…
Sign in to view related legal provisions.