https://www.taxtmi.com/caselaws?id=340405 The Supreme Court upheld the Telecom Disputes Settlement Appellant Tribunal's decision regarding the disconnection of satellite services due to default in payment, ruling in favor of the respondent and denying the appellant's claim for damages. The court also supported the tribunal's analysis of outstanding dues and interest, awarding the respondent a specific amount with an 18% interest rate. While confirming the amount payable, the court reduced the interest rate to 12% per annum considering the appellant's financial situation. The appellant was directed to pay the awarded amount with reduced interest within eight weeks, with no additional costs imposed. en-us Tue, 28 Feb 2017 00:00:00 +0530 Tue, 21 Mar 2017 09:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340405 The Supreme Court upheld the Telecom Disputes Settlement Appellant Tribunal's decision regarding the disconnection of satellite services due to default in payment, ruling in favor of the respondent and denying the appellant's claim for damages. The court also supported the tribunal's analysis of outstanding dues and interest, awarding the respondent a specific amount with an 18% interest rate. While confirming the amount payable, the court reduced the interest rate to 12% per annum considering the appellant's financial situation. The appellant was directed to pay the awarded amount with reduced interest within eight weeks, with no additional costs imposed. Case-Laws Companies Law Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340405