This is an appeal against an order dated 27.11.2019 passed by the Adjudicating Authority (National Company Law Tribunal) Mumbai Bench, Mumbai in MA-337/2018 in C.P.(IB)-298/(MB)/2018 & MA-336/2018 in C.P.(IB)-302/(MB)/2018. The appeal concerns the question of whether a license to run telecom business and spectrum, for which the right to use has been granted, can be subject to a moratorium in insolvency proceedings.
The Union of India, through the Secretary of the Department of Telecommunication, filed an appeal against an order passed by the Adjudicating Authority (NCLT) Mumbai. The order was related to MA-337/2018 in C.P.(IB)-298/(MB)/2018 & MA-336/2018 in C.P.(IB)-302/(MB)/2018. Vijaykumar V.Iyer, the Interim Resolution Professional of Aircel Ltd., was the respondent. The appeal raised a question regarding whether a license to run a telecom business and spectrum can be subject to a moratorium in insolvency proceedings. The impugned order was passed on 27.11.2019. The appellant claimed to have received a certified copy on 20.12.2019, and the appeal was filed on 20.02.2020. The court determined that the appeal was filed after the permissible period of 30 days, plus a
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The Adjudicating Authority (NCLT) Mumbai…
The Appellant claimed…
This is an appeal against an order dated 27.11.2019 passed by the Adjudicating Authority (National Company Law Tribunal) Mumbai Bench, Mumbai in MA-337/2018 in C.P.(IB)-298/(MB)/2018 & MA-336/2018 in C.P.(IB)-302/(MB)/2018. The appeal concerns the question of whether a license to run telecom business and spectrum, for which the right to use has been granted, can be subject to a moratorium in insolvency proceedings.
The Union of India, through the Secretary of the Department of Telecommunication, filed an appeal against an order passed by the Adjudicating Authority (NCLT) Mumbai. The order was related to MA-337/2018 in C.P.(IB)-298/(MB)/2018 & MA-336/2018 in C.P.(IB)-302/(MB)/2018. Vijaykumar V.Iyer, the Interim Resolution Professional of Aircel Ltd., was the respondent. The appeal raised a question regarding whether a license to run a telecom business and spectrum can be subject to a moratorium in insolvency proceedings. The impugned order was passed on 27.11.2019. The appellant claimed to have received a certified copy on 20.12.2019, and the appeal was filed on 20.02.2020. The court determined that the appeal was filed after the permissible period of 30 days, plus a
…The Adjudicating Authority (NCLT) Mumbai…
The Appellant claimed…