| MUMBAI:
Hissar based Radio Tarang, a venture of Singla Properties, faces the threat of
getting its commercial FM radio license revoked as it has failed to pay the requisite
annual fee and has been non-operational since September 2008.
The
Ministry of Information and Broadcast on 22 May issued a warning notice to Singla
Properties providing a last opportunity to rectify defaults and submit reasons
as to why license granted to establish, maintain and operate and FM station must
not be revoked. The
notice mentions that despite being given extension of time for submitting fresh
bank guarantee, the company failed to furnish one. Radio Tarang also failed to
pay the annual license fee to the ministry, the notice mentions...(Click
here to read full story)
|