Incidentally, Ezmall.com is the only channel licence issued by the ministry in October. It has also cancelled Waves 24×7, which was owned Delhi-based IAAN Creation. The licence was issued in the non-news category.
The authorised share capital of the company is Rs 5 crore while the paid up capital is Rs 3.11 crore. The company has two directors, Anuj Garg and Ritu Garg.
The MIB is probably the laziest ministry in the current government, looking at the number of applications for cancellations, new approvals and name changes pending with them.