TDSAT puts encashing of bank guarantees in Airtel, VIL penalty case on hold till next hearing

NEW DELHI: Telecom tribunal TDSAT on Tuesday asked the department of telecom (DoT) to put on hold the encashment of bank guarantees in the penalty case of Bharti Airtel and Vodafone Idea till the next date of hearing.

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) bench headed by Justice Shiv Kirti Singh listed the matter for hearing on October 26.

“… No encashment of bank guarantee shall be resorted to till the next date,” Singh said.

As per the DoT, companies are required to pay the penalty by October 21.

The telecom tribunal did not grant a stay on the penalty notice.