2017 (3) TMI 908

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.... Adv., Mr. R. Verma, Adv., Mr. R. V. Kameshwaran,Adv. For the Respondent : Mr. Gautam Narayan, AOR ORDER The appellant, a company incorporated under the Companies Act, 1956 and engaged in the business of broadcasting its news channel 'Raftaar News' had entered into an agreement as the respondent who was providing the up-linking facilities and transponder services to the appellant from its....

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.... counsel for the parties, opined that the disconnection was justified inasmuch the appellant was put to notice by the service provider. That apart, it also held that the disconnection had been done in terms with the stipulations in the agreement and the claim of the company for damages was absolutely unjustified. Adverting to the counter claim lodged by the respondent, the TDSAT referred to the....

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....the justification of disconnection by the respondent, cannot be found fault with. It has analysed the default at length by the appellant and come to a definite conclusion that there was default by it and the disconnection had been done in accordance with clause 17 of the agreement. Therefore, on the said score, we concur with the view expressed by the Tribunal. As far as the counter claim is co....

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....for the appellant submitted that the interest amount may be reduced keeping in view the financial condition of the appellant. Ms. Ruchika Goyal, learned counsel appearing for the respondent opposed the same. Having considered the submissions of learned counsel for the parties, we think, in the facts and circumstances of the case, the interest should be reduced to 12% per annum and accordingly i....