Regulators

TDSAT accepts plea by MediaPro for attachment of bank accounts of Digicable, operative from next month

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New Delhi, 25 March: The Telecom Disputes Settlement and Appellate has directed attachment of the bank accounts of Digicable Network (India) Ltd, accepting the plea in this regard by Media Pro Enterprise (I) Pvt. Ltd in the prayer clause in the execution application.

However, the Tribunal said the order of attachment will become operative from 1 April, subject to the condition that Digicable Network “shall not make any withdrawal from the account, save and except for payment of salary to its staff”.

Chairman Aftab Alam and members Kuldip Singh and B B Srivastava said a copy of the order should be sent to the concerned banks without delay.

At the outset, the Tribunal noted that the execution proceedings are at a stage where the only course left is to make a direction for attachment of the bank accounts, head-ends and other properties of Digicable Networks. 

However, the Tribunal said that “we wish to give one more opportunity to the respondent to try to resolve the matter amicably” before making such a direction.  

The matter has been listed for 6 April when the CEO of Digicable should remain personally present before the Tribunal to make proposal, if any, for settlement with the respondent, the Tribunal said.

 

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