Regulators

Independent TV admits total liabilities of Rs 3.65 cr towards Indiacast

The matter has been posted for next hearing on 16 September

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MUMBAI: Troubled DTH operator Independent TV has admitted its total liabilities of Rs 3.65 crore towards Indiacast Media Distribution Pvt Ltd, as per a Telecom Disputes Settlement and Appellate Tribunal (TDSAT) order.

“Learned counsel for the petitioner submits that notice has been validly served upon respondent and, therefore, prayer for interim relief may be considered today on the basis of contents of Annexure P-14 which, prima facie, shows that respondent has admitted the total liabilities to Rs 3.65 crore,” TDSAT said in the order.

Prateek Gupta, the advocate on behalf of Independent TV prayed for a short adjournment to seek instructions in respect of interim prayer and to file a reply within two weeks.

TDSAT has allowed the prayer post the matter for next hearing on 16 September. The order also added that Indiacast may file its rejoinder before the next date.

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