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NCLAT stays DoT's show cause notices to RCom for cancellation of spectrum licence

Updated : March 26, 2019 03:35 PM IST

A two-member bench headed by Chairman Justice SJ Mukhopadhaya also stayed the DoT's letter dated March 20, 2019 to Axis Bank to encash the bank guarantee of Rs 2,000 crore given by the Anil Ambani group firm.
The appellate tribunal said the show cause notices to RCom and letter to Axis Bank by the government were against the order passed by it on February 4, when it had granted protection against any asset sale without its permission.
NCLAT stays DoT's show cause notices to RCom for cancellation of spectrum licence

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