Breaking RBTV clears dues to Antrix; to resume service shortly

MUMBAI: Direct-to-home (DTH) operator Reliance Big TV (RBTV) today settled its dues of Rs 28 crore to Antrix Corporation (Antrix) thereby ensuring the immediate resumption of services. The court, which has released the order, has asked Antrix to RBTV’s reinstate services today, according to Pantel Technologies MD Vijender Singh.RBTV was using satellite operator MEASAT’s transponders for providing its DTH service. DTH operators in India have to go through Antrix for hiring transponders even from foreign satellite operators.... Reliance Big TV clears dues to Antrix; to resume service shortly
Its seems company has sources of money too. Hopefully it'll proof all of us wrong and make all forum members to stick to RDTV threads. *Fingers Crossed*
 
Points from TDSAT order in Independent TV Ltd. vs Antrix Corporation Ltd and ANR Case
  • Payments of arrears completed on 20/04/2018.
  • The arrangement as existing under the old agreement shall be continued and supply of signals shall be resumed forthwith preferably within 24 hours. This is on the understanding that petitioner shall deposit one month’s charges in advance within a week from the resumption of supply of signals.
  • It is also made clear that if the petitioner does not make the deposit of one month’s advance within one week, respondent no. 1 would be at liberty to disconnect the supply of signals.
Source - www.tdsat.gov.in
 
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Just an interval of problems,problems will continue in coming days new customers should not invest more and should be satisfied with loss of Rs500,old customers can recharge for 15-20 days only
 
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