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Radhagobind Commercial Limited Schedules 4th Committee of Creditors Meeting for February 14, 2026 scanx.trade Read the original article here
The case arose from insolvency proceedings involving Aircel Ltd., Dishnet Wireless Ltd. and Aircel Cellular Ltd. The companies had entered voluntary corporate insolvency resolution process (CIRP) under Section 10 of the IBC. They had acquired telecom licences in 2006 under Unified Access Service Licence (UASL) agreements. They had also obtained spectrum through government auctions. During…
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The Supreme Court has observed that the Insolvency and Bankruptcy Code cannot be the guiding principle for restructuring the ownership and control of telecom spectrum. The Court had reserved judgment on a series of appeals contesting a National Company Law Appellate Tribunal (NCLAT) ruling regarding the insolvency of Aircel and Reliance Communications. The central issue…
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