NEW DELHI: Red FM said today that the directive of the Delhi High Court to allow it to participate in mock auctions for FM Radio Phase III has strengthened the company’s belief in the judicial system.

The company also said that it was happy that the court had taken cognizance of its pleas to allow it to participate in the mock auctions.

In a brief statement, Red FM said, “We have always maintained that our business is a professionally managed entity and it’s unfair to penalize a well-run, successful business and its employees. We also strongly believe that not allowing us to participate the phase III auctions is an attack on media freedom.”

As was earlier reported by Indiantelevision.com, the Court fixed the next date of hearing for 24 July while giving the interim order today.

While the mock auctions are being held on 22 and 23 July, the main e-auction begins from 27 July for the first batch.