| The
tribunal order said that with the 2005 subscriber base (some 88,000 odd), Bhaskar
Cable would pay Zee for an admittedly increased base of 20 per cent from January
to September 2006 and from October 2006 till date at an increased subscriber base
of 25 per cent of the 2005 figure. Bhaskar
itself had admitted that its annual rise in subscriber base was 20 per cent, though
Zee had wanted that to be corrected to 25 per cent. The tribunal accepted Bhaskar's
admission till September 2006 and thereafter granted Zee's request for payment
at a 25 per cent enhanced base. After
a clamourous argument between Abhishek Singhvi and Maninder Singh, senior counsels
for Bhaskar and Zee respectively. The tribunal also told Bhaskar and Zee to prepare
and sign a new agreement for the year 2007 by 1 July. The
tribunal also took exception to the fact that Bhaskar had not produced the subscriber
base of Star, based on which the MSOs agreement with Star had been worked out.
It ordered the MSO to make sure that that this was done before the next hearing. While
Singhvi agreed to give that, he held that the document would be given to the tribunal
only and not shared with Zee. Singh
wanted the tribunal to rule that the stay that had been granted to them may be
vacated, without which the MSO would never come to terms. "Vacate the stay
(on disconnecting Zee signals) and they will resolve the issue within a week,"
Singh had pleaded. However,
the stay will hold for another five weeks and Zee can disconnect if the entire
arrears are not paid within the stipulated time. |