TDSAT asks Sai Prasad Media to clear dues of MSO with interest

NEW DELHI: Sai Prasad Media Private Ltd which broadcasts News Express has been directed by the TelecomDisputes Settlement and Appellate Tribunal to pay a sum of Rs 35,88,009 along with interest @8 percent till the date of final payment of the amount to multi-system operator Fastway Transmission Pvt Ltd.

The case of the petitioner is that it entered into a channel placement agreement for placement of News Express on 27 September 2013 for the period 15 July 2013 to 14 July 2013. Sai Prasad Media was required to pay an amount of Rs 1,07,20,000 excluding taxes in four instalments on receipt of invoices. Fastway claimed it fulfilled all obligations on its part under the agreement.

However, Sai Prasad Media failed to make payments to the petitioner for  placement/carriage charges. It has also been stated that invoices towards payment of placement charges/carriage fee in accordance with the agreement were raised but only part payments were made in violation of terms of the agreement. It has been further submitted that partial payment/non-payment of invoiced amounts resulted in an outstanding dues of Rs 35,88,008. 

Reminders to the broadcaster went unheeded, and it also failed to appear before the Tribunal to defend its case.  

Chairperson Justice Aftab Alam and member B B Srivastava In the directive on 25 May 2016 also directed for examination of the witness of the petitioner by an advocate commissioner, before examining all the documents and coming to the conclusion that the petitioner had fulfilled all its obligations.

Latest Reads
South Asia FM allotted Surat, Amritsar, Patna, Chandigarh and Jammu FM channels

NEW DELHI: M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III. The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu. The details of the...

Regulators I&B Ministry
Govt seeks professional help for DD revival

NEW DELHI: Fazed by private sector television channels’ stridency in terms of revenues and viewership in an increasingly digital India, the government is seeking outside professional help in “transformation of Doordarshan.”

Regulators I&B Ministry
Prasar Bharati lacks content & marketing; open to tie-ups: MIB Minister

NEW DELHI: Conceding that Prasar Bharati is lagging in both content and marketing, Minister of State for Information & Broadcasting (MIB) Rajyavardhan Rathore on Wednesday said there was a need to bring in outside experts for improving these aspects.

Regulators I&B Ministry
MIB favours self-regulation, TRAI says some regulation mandatory

NEW DELHI: Even as he favoured the idea of self-regulation in the media, Minister for Information and Broadcasting (MIB) M Venkaiah Naidu stressed that “regulation should not become strangulation” and added the government wants to be a facilitator for creating a good business environment for the...

Regulators I&B Ministry
FM Phase III e-auction tomorrow

NEW DELHI: The e-auctions for the second batch of Radio FM Phase III has been put off by a day to 26 October 2016.

Regulators I&B Ministry
TRAI tariff order, interconnect regulations; date for responses extended

NEW DELHI: Stakeholders wanting to give in their reactions to the latest draft Tariff order for Digital Addressable Systems, the Quality of Service and Consumer Protection Regulations, and the draft interconnect regulations have been given time till 15 November 2016 to respond.

Regulators TRAI
FM P-III auction: EMD, bidders initial eligibility declared

NEW DELHI: Even as the day of the e-auction of the second batch of FM Phase III on 25 October 2016 approaches, the Government has released the earnest money deposit (EMD) by the pre-qualified bidders and the initial eligibility points (IEP) of each of these.

Regulators I&B Ministry
FM P-III second batch auction from 25 Oct; 14 in fray

NEW DELHI: The e-auction of the second batch of FM Phase III will commence on 25 October 2016 from 09.30am.

Regulators I&B Ministry
Free data, net neutrality: Discussion on TRAI paper to be held

Given the complicated issues around net neutrality, an open house discussion is to be held in Hyderabad this month on Telecom Regulatory Authority of India’s consultation paper on free data. The OHD will be held at Hotel Trident in the Telangana capital on 24 October 2016.

Regulators TRAI

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories