In an order which will have adverse consequences for lenders of bankrupt telecom operators, the National Company Law Appellate Tribunal on Tuesday ruled that spectrum can be transferred as part of insolvency resolution plan but only after clearing all government dues.
from The Financial Express https://ift.tt/3a6f1ve
Tuesday, 13 April 2021
Setback for lenders: NCLAT rules govt dues to be cleared before spectrum sale
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