Calcutta HC: Award May Be Set Aside if Tribunal Rewrites Contract or Ignores Key Clauses || Delhi HC Suspends Kuldeep Singh Sengar’s Life Term, Holding Section 5(C) of POCSO Not Made Out || Calcutta High Court: Arbitration Clause in an Expired Lease Cannot be Invoked For a Fresh Lease || Delhi High Court: 120-Day Timeline under Section 132B Of Income Tax Act is Not Mandatory || NCLAT Reaffirms That Borrower's Debt Acknowledgment Also Extends Limitation Period for Guarantors || NCLAT: Oppression & Mismanagement Petition Cannot Be Filed Without Company Membership on Filing Date || Supreme Court Quashes Rajasthan Village Renaming, Says Government Must Follow its Own Policy || NCLAT: NCLT Can Order Forensic Audit on its Own, No Separate Application Required || NCLAT Reiterates That IBC Cannot be Invoked as a Recovery Tool for Contractual Disputes || Delhi HC: DRI or Central Revenues Control Lab Presence in Delhi Alone Does Not Confer Jurisdiction

Rs. 263.97 crores received in Private FM Radio Phase III Channel auction- (Ministry of Information and Broadcasting) (22 Sep 2015)

MANU/PIBU/1291/2015

Media and Communication

The Ministry of Information and Broadcasting received Rs 263.97 crore as bid deposits from successful bidders of e-auction of first batch of private FM radio Phase III channels. Successful bidders have till 1st October, 2015 to pay the balance amount, subsequent to which the Ministry will issue letters of intent. The e-auction of the first batch of FM phase III comprising 135 channels in 69 cities commenced on 27.7. 2015 and concluded on 9.9.2015.

Tags : FM CHANNEL AUCTION SUCCESSFUL BIDS

Share :