The case involves a Miscellaneous Application submitted by the Aircel Employees' Representatives (AER) concerning the insolvency proceedings of Dishnet Wireless Limited. The employees sought the tribunal's direction to the Committee of Creditors and the Resolution Professional to maintain transparency in the insolvency proceedings and to ensure that Dishnet Wireless Limited remains a 'going concern' to disburse dues to employees/workers as per law. The application highlights concerns regarding the lack of communication and confirmation regarding outstanding dues of approximately 125 Crores to the employees, leading to mistrust. The Debtor Company had moved an application under Section 10 of the Insolvency and Bankruptcy Code to declare itself insolvent, which was
…Aircel Employees' Representatives (AER) filed a Miscellaneous Application concerning the insolvency proceedings of Dishnet Wireless Limited. The employees sought transparency and the continuation of the company as a 'going concern' to ensure the disbursement of their dues. Dishnet Wireless Limited, a national telecom operator with a significant customer base, had integrated with Airtel and BSNL before applying for insolvency under Section 10 of the Insolvency and Bankruptcy Code. The application was admitted on 12.03.2018, and an IRP was appointed. The employees alleged a lack of communication regarding outstanding dues of approximately 125 Crores. Meetings between the IRP and employee representatives discussed salary payments up to February 2018 and the issue of
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Miscellaneous Application submitted by Aircel…
The Debtor Company moved an Application u/s.10…
The case involves a Miscellaneous Application submitted by the Aircel Employees' Representatives (AER) concerning the insolvency proceedings of Dishnet Wireless Limited. The employees sought the tribunal's direction to the Committee of Creditors and the Resolution Professional to maintain transparency in the insolvency proceedings and to ensure that Dishnet Wireless Limited remains a 'going concern' to disburse dues to employees/workers as per law. The application highlights concerns regarding the lack of communication and confirmation regarding outstanding dues of approximately 125 Crores to the employees, leading to mistrust. The Debtor Company had moved an application under Section 10 of the Insolvency and Bankruptcy Code to declare itself insolvent, which was
…Aircel Employees' Representatives (AER) filed a Miscellaneous Application concerning the insolvency proceedings of Dishnet Wireless Limited. The employees sought transparency and the continuation of the company as a 'going concern' to ensure the disbursement of their dues. Dishnet Wireless Limited, a national telecom operator with a significant customer base, had integrated with Airtel and BSNL before applying for insolvency under Section 10 of the Insolvency and Bankruptcy Code. The application was admitted on 12.03.2018, and an IRP was appointed. The employees alleged a lack of communication regarding outstanding dues of approximately 125 Crores. Meetings between the IRP and employee representatives discussed salary payments up to February 2018 and the issue of
…Miscellaneous Application submitted by Aircel…
The Debtor Company moved an Application u/s.10…