Vodafone Idea: In the original draft, it was contemplated that such charges could be waived off in certain situations in the interest of consumers, ensuring competition, reliability and continued supply of telecom services, or availability of telecom network or telecom infrastructure in India.
The NCLT order, dated December 7, explicitly stated that the resolution professional is authorised to sell the company s assets after submitting the resolution plan for tribunal approval.
The filing attached an order of the National Company Law Tribunal s Mumbai bench in the matter of application filed by the resolution professional of Reliance Communications (RCom), seeking approval from the NCLT for undertaking the sale of certain unencumbered assets of the company.