Regulators

TDSAT directs Induslnd to pay Rs 26.55 crore to Taj TV subject to verification of March payment

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/regulators-images/2016/04/13/TDSAT.jpg?itok=UODEFdBL

NEW DELHl: The Telecom Disputes Settlement and Appellate Tribunal has directed IndusInd Media & Communications Ltd to pay at least the minimum Rs.26,55,14,607 demanded by Taj TV subject to verification of payments made in March. Consequently, Indusind Counsel Vandana D Jaisingh handed over to Taj TV counsel Tejveer Singh Bhatia, four cheques amounting to Rs.10 crores.

Chairman Justice Aftab Alam and member B B Srivastava directed Indusind to pay the balance amount of Rs.16,55,14,607 subject to verification of the amount paid by it in the month of March 2016.  

The cheques would be dated 31 March but Bhatia said that they would be presented for encashment before the bank only in the first week of May. Apart from this payment, Indusind was liable to make payment for the month of April subject to any special discount, if any, in terms of the agreement.

At the outset, the Tribunal noted that during the pendency of the petition, the two sides had executed a memo of understanding (MOU) on 30 March covering the period 01 April 2015 to 31 March 2016, that is to say, the period when there was no agreement between the parties and Indusind continued to receive signals from Taj TV.

But the Tribunal noted that: “It is ironical that having executed the agreement on 30 March, the parties are once again in dispute in regard to the Indusind’s liability for payment under the MoU.”

On a prima facie reading, the MoU crystallised Indusind’s liability up to 31 January 2016 at the sum of Rs.43,61,34,240. Beyond 31 January, the monthly subscription fees for both Taj and Turner TV channels for the months of February and March 2016 came to Rs.15,41,74,250 (at the rate of Rs.7,70,87,125 for each month for Taj and Turner TV channels).  Thus, the total liability of Indusind up to 31 March.came to Rs.44,59,15,007 but taking into account certain payments made by it in the month of March, the liability went down to Rs.43,61,34,240.

Indusind also claimed certain deductions in terms of the special discount given by the respondent after the execution of the agreement. Indusind further claimed certain deductions on account of TDS.

Bhatia submitted before the Tribunal a chart that took into account the special discounts and on a deduction made for the same and Indusind’s liability further went down to Rs.26,55,14,607.

According to this chart, the collection received from Indusind in March 2016 amounted to Rs.9,97,80,767 but Jaisingh, wanted to verify the correctness of this figure as she said the payment made by Indusind in March 2016 could be a little more than the figure shown in Bhatia’s chart.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/trai.jpg?itok=vFuNrC4V
Tata Sky vs. TRAI: Case, argued partly by DTH operator, adjourned to 23 January

DTH operator Tata Sky’s ongoing court battle with the TRAI and its new tariff regime, in which Bharti Telemedia-owned Airtel Digital TV and Sun Direct are a part, has been adjourned by the Delhi High Court to January 23 with arguments being inconclusive.

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/tele.jpg?itok=Ip-d1akD
MIB restricts eligibility for temporary uplinking for non-news events

In a fresh notice, the Ministry of Information and Broadcasting (MIB) has laid out a new norm for temporary uplinking applications for live coverage of non-news and current affairs TV channels. Now, only those channels and teleport operators that are already permitted by the MIB will be eligible to...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/prasar.jpg?itok=ImQO_1QL
Prasar Bharati to TRAI: OTTs streaming live TV should mandatorily carry all Doordarshan channels

Public broadcaster Prasar Bharati has suggested to the Telecom Regulatory Authority of India (TRAI) that certain norms be made mandatory for OTT providers, in order to bring them on a level playing field with TV broadcasters and not just limit their comparison to telecom service providers (TSPs).

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/12/traih.jpg?itok=c_pcaj_E
SC upholds licence cancellation of Digi Cable Network, SCOD 18 Networking

Cancellation of licences granted to two MSOs Digi Cable Network and SCOD 18 Networking has been upheld by the Supreme Court on security ground. Before moving to apex court the petitioners had approached the Bombay High Court where their pleas challenging the cancellation order by Ministry of...

Regulators Supreme Court
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/12/ZEEH_1.jpg?itok=XVHMEazi
Delhi HC orders Zee Hindustan to stop using Rajat Sharma's name in ads

Delhi HC has restrained Zee Hindustan from using the name of India TV editor-in-chief Rajat Sharma in any of its advertisements, stating that its latest ad campaign is prima facie illegal. It has directed the channel to remove any hoardings or ads that use Rajat’s name.

Regulators High Court
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/11/t_0.jpg?itok=0tCzezkP
TRAI reminds consumers they can pick a-la-carte channels

In its latest missive the Telecom Regulatory Authority of India (TRAI) has taken note that broadcasters are only advertising bouquets of their channels and not informing customers about a-la-carte options.

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/11/Pankaj-Krishna.jpg?itok=Y6L9-BhB
TRAI tariff order: Topline projections for broadcasters, MSOs

In what is probably the acting collaboration of the year, Aamir Khan teamed up with Pankaj Tripathi for an infomercial for broadcasting behemoth Star. The 1 minute 22-second video, available both on TV and digital platforms, is an ad for Star’s new bouquet of channels, with the tagline“#Sachmein?”

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/10/trai.jpg?itok=yQzH2qt4
Tata Sky vs TRAI: Delhi High Court lists matter for 15 January, asks regulator to produce documents

Tata Sky got a breather from the Delhi High Court today as the Telecom Regulatory Authority of India (TRAI) assured that it will not take any coercive action against the direct to home (DTH) operator until 15 January, which is when the matter will be heard next.

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/09/mib.jpg?itok=c-lUKB0M
MIB hikes ad rates for print media by 25%

The Ministry of Information and Broadcasting (MIB) has taken a decision to revise the advertisement rates for print media by announcing a hike of 25 per cent over and above the existing rate structure for advertisement in print media by the Bureau of Outreach and Communication (erstwhile DAVP). The...

Regulators I&B Ministry

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories