Monday, 12 October 2015

TDSAT directs Mahua Media for Tata Sky’s payment schedule

The Telecom Disputes Settlement and Arbitration Tribunal (TDSAT) has been directed Mahua Media to file the payment schedule in respect of Tata Sky by 14 October.
The tribunal directed Mahua to come with post dated cheques on the next hearing date in favour of all the decree holders in this batch according to the respective payment schedules. 
Mahua had sought an adjournment on the plea that the project for revival of the company had made good progress and it would shortly be in a position to make payments to the decree holders.
The counsel for decree holders agreed for further adjournment but on the specific condition that the respondent should file the payment schedule in respect of Tata Sky and on the next date should come with post dated cheques in respect of all the decree holders.
Apart from Tata Sky, the other petitioners are Den Networks, Wire and Wireless (India) Ltd, Digi Cablecomm Services Pvt. Ltd and Indian Cable Net Company Ltd.



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