https://www.taxtmi.com/caselaws?id=393342 Section 14 moratorium under the Insolvency and Bankruptcy Code protects telecom licences and spectrum where they are integral to the corporate debtor's business and necessary for CIRP. The licence and spectrum were treated as essential to uninterrupted operations and enterprise value, so their use could not be disrupted during insolvency proceedings. Although spectrum remained a State asset and the debtor held only a right to use it, that limited interest did not justify cancellation or interference that would frustrate the statutory moratorium and resolution process. The Department of Telecommunications was therefore restrained from suspending or cancelling the licence during moratorium. en-us Wed, 27 Nov 2019 00:00:00 +0530 Fri, 13 Mar 2020 11:12:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393342 Section 14 moratorium under the Insolvency and Bankruptcy Code protects telecom licences and spectrum where they are integral to the corporate debtor's business and necessary for CIRP. The licence and spectrum were treated as essential to uninterrupted operations and enterprise value, so their use could not be disrupted during insolvency proceedings. Although spectrum remained a State asset and the debtor held only a right to use it, that limited interest did not justify cancellation or interference that would frustrate the statutory moratorium and resolution process. The Department of Telecommunications was therefore restrained from suspending or cancelling the licence during moratorium. Case-Laws Insolvency and Bankruptcy Wed, 27 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393342