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    <title>2020 (3) TMI 486 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAI</title>
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    <description>The tribunal ruled that the moratorium under Section 14 of the Insolvency and Bankruptcy Code applies to telecom licenses and spectrum, preventing the Department of Telecommunication from terminating them during insolvency proceedings. The tribunal recognized the licenses and spectrum as crucial assets for the debtor company&#039;s operations and directed the DoT to refrain from any cancellation actions. The applications were disposed of in favor of maintaining the moratorium protection over the telecom licenses and spectrum.</description>
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    <pubDate>Wed, 27 Nov 2019 00:00:00 +0530</pubDate>
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      <description>The tribunal ruled that the moratorium under Section 14 of the Insolvency and Bankruptcy Code applies to telecom licenses and spectrum, preventing the Department of Telecommunication from terminating them during insolvency proceedings. The tribunal recognized the licenses and spectrum as crucial assets for the debtor company&#039;s operations and directed the DoT to refrain from any cancellation actions. The applications were disposed of in favor of maintaining the moratorium protection over the telecom licenses and spectrum.</description>
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