New Delhi: Star India has decided to reactivate its signals to Good Media News Pvt Ltd and also execute an interconnect agreement by the end of this month provided there is no breach in the payment schedule agreed before the Telecom Disputes Settlement and Appellate Tribunal.
Demand drafts of Rs.48 lakhs, as the first installment of dues amounting to Rs 2,84,91,264 were handed over to Star India Counsel Rajasekhar Rao.
However, Chairman Aftab Alam and members Kuldip Singh and B B Srivastava said in case of any breach of the payment schedule, it will be open to Star to disconnect the supply of the signals to the petitioner and to intimate the Tribunal in that regard.
On the insistence of Star India, one Mukesh Malhothra who is a promoter of Good Media News, also became personally liable for the default and agreed in an affidavit that he would stand as guarantor and undertake to be personally liable for any default in the payment schedule or breach in the same by the Petitioner as far as the payment of acknowledged outstanding dues are concerned.
The petition had been filed by Good Media News against disconnection of signals against Media Network & Distribution India Ltd.