Category: Regulators

  • Vital IP topics, piracy & counterfeiting ill-effects: 4000 workshops to be conducted under DIPP

    NEW DELHI: The newly-launched Scheme for IPR Awareness – Creative India; Innovative India aims to conduct over 4000 IPR awareness workshops/seminars in academic institutions (schools and colleges) and the industry, including MSMEs and Startups, as also IP training and sensitisation programmes for enforcement agencies and the judiciary.

    The Scheme aims at raising IPR awareness amongst students, youth, authors, artists, budding inventors and professionals to inspire them to create, innovate and protect their creations and inventions across India including Tier 1, Tier 2, Tier 3 cities as well as rural areas in the next 3 years.

    It has been launched taking forward the National Intellectual Property Rights (IPR) Policy 2016 by the Cell for IPR Promotion and Management (CIPAM) under the aegis of the Department of Industrial Policy and Promotion (DIPP).

    Workshops will cover all vital IP topics including international filing procedures, promotion of geographical indications and highlighting the ill-effects of piracy and counterfeiting.

    The Scheme for IPR Awareness would be implemented through partner organisations to promote innovation and entrepreneurship.

    Earlier this year, DIPP and World Intellectual Property Organization (WIPO) signed an agreement to establish Technology and Innovation Support Centers (TISC)

    CIPAM is designated as the National Focal point for the TISC national network. As the national focal point, CIPAM shall identify potential host institutions, assess their capacities and support them in joining the TISC project. CIPAM will also act as the main intermediary between WIPO and TISC host institutions and coordinateall the activities of the national TISC network.

    Over 500 TISCs operate worldwide and establishing TISC in India will give the host institutions access to the Global network. In upcoming years CIPAM is planning to establish TISC’s in Universities, State Science Councils, R&D institutions etc. TISC will give an impetus to Knowledge sharing, sharing of best practices among the TISC’s, capacity building, generation and commercialisation of IPs

    Recenly, DIPP Joint Secretary Rajiv Agarwal had said the intellectual property rights regime in India is undergoing a process of re-engineering with the government and industry collaborating.

    The year 2017 marked a step forward for India in its IP history with the Indian leadership adequately recognizing the crucial role that intellectual property played in fostering innovation, accelerating growth and enhancing business competitiveness, industry experts say.

  • After DTT, TRAI launches exercise on digital radio broadcasting

    NEW DELHI: Even as it noted that All-India Radio is active in implementation of digital radio in MW and SW bands, the Telecom Regulatory Authority of India has noted that there appears to be no initiative in FM radio space either by public or private FM radio broadcasters.

    Since FM is primarily used for analogue transmission, it appears as if the frequency allocations under these policy guidelines are only for analogue transmission. Analogue FM technology can provide only one channel per frequency. Therefore, existing FM radio channels provide limited services to their listeners. In addition, analogue radio broadcasting is facing competition from emerging technologies and other platforms like webcasting, podcasting and internet streaming etc.

    In view of this, the TRAI has suo moto issued a consultation paper on Issues related to digital radio broadcasting in India. Stakeholders have been asked to respond to the various questions raised by TRAI by 4 September with counter-comments if any by 18 September 2017.

    Late last year, TRAI had commenced a similar exercise in digital terrestrial television. Interestingly, both DTT and digital radio broadcasting have been the domain so far of the pubcaster Prasar Bharati.

    At the outset, TRAI has noted that radio is a prevalent source for providing entertainment, information and education to the masses due to its wide coverage, portability, low set-up cost and affordability.

    At present, terrestrial radio coverage in India is available in Frequency Modulation (FM) mode and Amplitude Modulation (AM) mode (Short Wave and Medium Wave). All India Radio (AIR) along with private sector radio broadcasters are providing terrestrial radio broadcast services throughout the country transmitting programs in AM and FM frequency bands.

    AIR has 420 radio stations (AM & FM) that cover almost 92 per cent of the country by area and more than 99.20% of the country’s population. Private sector radio broadcasters transmit programmes in FM mode only and presently operate through 293 radio stations. Private sector radio broadcasters are licensed to operate in FM frequency band (88-108 MHz).

    In Phase-I of FM Radio, the government auctioned 108 FM radio channels in 40 cities. Out of these, only 21 FM radio channels became operational and subsequently migrated to Phase-II in 2005. Phase-II of FM Radio commenced in 2005 when a total of 337 channels were put on bid across 91 cities having population equal to or more than 300,000. Of 337 channels, 222 channels became operational. At the end of Phase-II, 243 FM Radio channels were operational in 86 cities.

    In Phase-III expansion of FM radio, 966 FM radio channels are to be made available in 333 cities. In the first batch of Phase-III, 135 private FM Radio channels in 69 cities were auctioned in 2015. Out of these, 96 FM Radio channels in 55 cities have been successfully auctioned.

    In the second batch of Phase-III, 266 private FM Radio channels in 92 cities were auctioned in 20162. Out of these, 66 FM Radio channels in 48 cities have been successfully auctioned3. As on 31st March 2017, 293 FM radio stations have been made operational in 84 cities by 32 private FM Radio broadcasters.

    In order to encourage radio broadcasting for the specific sections of society, the government has allowed setting up of Community Radio Stations (CRS). CRS typically broadcast in FM band with low power transmitters restricting its coverage to the local community within approx 10 KM. There are 206 operational CRS at present.

    Radio signals on FM are presently transmitted in analogue mode in the country. Analogue terrestrial radio broadcasting when compared with digital mode is inefficient and suffers with operational restrictions as discussed below:

    Transmission in analogue mode is susceptible to Radio Frequency (RF) interference resulting in poorer reception quality.

    Only one channel per transmitter is possible.

    Spectrally inefficient as frequency reuse is limited and radio channels require more spectrum per channel.

    Signal quality may suffer in portable environment such as moving vehicles and on handheld devices.

    No flexibility to provide any Value Added Service

    Digital radio broadcasting has existed since quiet sometime around the world. The International Telecommunications Union (ITU) recommendations have described four major standards for broadcast of digital radio which are DAB, ISDB-TSB, HD Radio and DRM.

    Countries around the world are moving towards digital radio broadcasting by drawing the roadmap for switchover to digitisation broadcasting on the selected digital radio broadcasting standard.

    In keeping with the pace of deployment of digital radio around the globe, the government in 2010 took a decisive step forward for transition from analogue radio services of AIR to digital mode of transmission. AIR conducted rigorous trials over the years and adopted the Digital Radio Mondiale (DRM) standard for low frequency band (MW and SW). It has initiated digitization of its MW and SW radio network in three phases. It has recently concluded phase-I of digitisation of its network with deployment of 37 digital (DRM) transmitters throughout the country, which are now operational and is now in the process of launching phase-II of the DRM project by offering full features/services from these DRM transmitters and further improving service quality. In phase-III, AIR, will complete transition of its radio services to the digital DRM platform, further improving the number and quality of radio services and extra features for the listeners, while also saving large amounts of transmission power every year.

    According to Policy Guidelines for Phase-III expansion of FM Radio broadcasting services through private agencies of 25 July 2011 issued by the Information and Broadcasting Ministry, the maximum number of FM radio channels permitted in Category A+, Category A, Category B, Category C and Category D including ‘Others’ cities are 9, 6, 4, 4 and 3, respectively.

    The questions posed by TRAI are:
    Is there a need to encourage or facilitate introduction of digital radio transmission at present? If so, what measures do you suggest and in which market?

    Is there a need to frame a roadmap for migration to digital radio broadcasting for private FM broadcasters? If yes, which approach, mentioned in para 4.7, should be adopted? Please give your suggestions with justification.

    Should the date for digital switch over for radio broadcasting in India need to be declared? If yes, please suggest the date with suitable justification. If no, please give reason to support your view.

    Is present licensing framework or regulatory framework is restrictive for migration to digital radio broadcasting? Please explain with justification.

    Should single digital radio technology be adopted for entire country or choice of technology should be left to radio broadcasters? Support your reply with Justification.

    In case a single digital radio broadcast technology is to be adopted for the entire country, which technology should be adopted for private FM radio broadcasting? Please give your suggestions with detailed justification.

    How issues of interference and allocation of appropriate spectrum allocation can be settled in case the option to choose technology is left to radio broadcasters?

    Should the permission for operating FM channel be delinked from technology used for radio broadcasting? If yes, please provide a detailed framework with justification.

    Should the existing operational FM radio channels be permitted to migrate to digital broadcasting within assigned radio frequency? If yes, should there be any additional charges as number of available channels in digital broadcasting will increase? Please provide a detailed framework for migration with justification.

    Should the future auction of remaining FM channels of Phase-III be done delinking it from technology adopted for radio broadcasting? Please give your suggestions with detailed justification.

    In case future auction of remaining FM channels of Phase-III is done delinking it from technology, should the present auction process be continued? If no, what should be the alternate auction process? Please give your suggestions with detailed justification.

    What modifications need to be done in FM radio policy to use allocated FM radio channels in technology neutral manner for radio broadcasting?

    What measures should be taken to reduce the prices of digital radio receivers and develop ecosystem for migration to digital radio broadcasting?

  • Wi-Fi: TRAI plans to set up ‘open’ WANI, seeks inter-operable, sachet-priced model

    MUMBAI: The Telecom Regulatory Authority of India (TRAI) has issued a document inviting participation of entities to be part of a Pilot to establish Nation-wide Public Data Offices (PDOs). Any interested entity (company, proprietorship, societies, non-profits, etc.) registered in India can apply to TRAI latest by 25 July 2017.

    The Internet is the single most self-empowering infrastructure available for a citizen in the 21st century. The World Bank observed that a 10% increase in Internet penetration leads to a 1.4% increase in GDP. Access to the Internet is considered a basic human right by many countries globally, including Estonia, Finland and France. In India, access to data is still limited due to poor coverage of fiber & telecom and prohibitive pricing of cellular data. Public Wi-Fi hotspots hold an important place in the last-mile delivery of broadband to users. It allows offloading telecom networks to ease congestion, and will be crucial when the next billion loT devices come online.

    Based on the recommendation of TRAI on “Proliferation of Broadband through Public Wi-Fi Networks” issued on 9 March 2017, TRAI invites all interested entities to be a part of a Pilot to establish nation-wide, pay-as-you-go PDOs.

    The vision of this initiative is to establish an Open Architecture based Wi-Fi Access Network Interface (WANI), such that;

    • Any entity (company, proprietorship, societies, non-profits, etc.) should easily be able to setup a paid public Wi-Fi Access Point:

    • Users should be able to easily discover WANI compliant SSIDs, do one click authentication and payment, and connect one or more devices in single session.

    • The experience for a small entrepreneur to purchase, self-register, set-up and operate a PDO must be simple, low-touch and maintenance-free.

    • The products available for consumption should begin from “sachet-sized”, i.e. low denominations ranging from Rs 2 to Rs 20, etc.

    • Providers (PDO provider, Access Point hardware/software, user authentication and KYC provider, and payment provider) are unbundled to eliminate silos and closed systems. This allows multiple parties in the ecosystem to come together and enable large scale adoption.

    Objectives of the pilot are:

    • Demonstrate that unbundling of services reduces rework, speeds up development and hence is the most effective way to tackle this complex problem.

    • Prove that Multi-provider, inter-operable, collaborative model increases the overall innovation in the system, dismantles monopolies and encourages passing of benefits to end user.

    • Test the specifications in real life conditions, and suggest improvements.

    • Jointly develop a business model that fairly allocates value to each provider.

    • Fine tune the technology and finalize the specifications based on pilot.

    • Test out integrated paymernt methods such as coupons (purchased usmg cash by user or gifted to user), credit/debit cards, net banking, e-wallets, and UPI.

  • MIB scheme evaluation: Revised tenders invited from 20

    NEW DELHI: Nine more agencies have been added to the revised tender for the evaluation of its schemes to be continued beyond the 12th Plan by the ministry of information and broadcasting, taking the total number of short-listed agencies to 20.

    Interestingly, development of community radio and anti-piracy programme in the film sector which were a part of the tender notice of 6 June have been taken off the new list of schemes to be covered. The number of schemes has also been reduced to seven and their sub-schemes against 12 in the earlier tender announcement.

    Tenders have been invited by 24 July and will be opened on the morning of 27 July in the presence of authorised representatives of the bidders. The ministry has made it clear that it is not permissible for the addresses to transfer this invitation to any other institution.

    A notice on the website of the ministry includes Terms of Reference (TOR) of the Schemes for Assignment, the standard form of certificates to be included in the proposal and the standard form of agreement. The evaluation of the proposals will be done by the Evaluation Committee.

    A detailed proposal including the technical bid and the financial bid need to be submitted in two separate sealed covers. The reference number of the letter and the title of the assignment should be superscribed on the envelope containing the proposal.

    The short-listed agencies are:

    1. Academy of Management Studies,
    2. AFC India Ltd.,
    3. National Institute for Entrepreneurship and Small Business Development (NIESBUD),
    4. MAPCON Limited,
    5. Datamation Consultants Pvt. Ltd.,
    6. Chrome Data Analytics & Media
    7. Transnational Altemate Learning for Emancipation and Empowerment through Multimedia (TALEEM),
    S. GFK Mode Pvt. Ltd.,
    9. Development & Research Services Pvt. Ltd.,
    10. Nielsen (India) hrt. Ltd.,
    I l. Sigma Research and Consulting Pvt. Ltd.,
    12. Ipsos Research Pvt. Limited.,
    13. Sreejak Media Pvt. Ltd.,
    14. IMRB Intemational,
    15. Kadence Research lndia Pvt Ltd.
    16. Mott McDonald Pvt. Ltd.,
    17. Operations Research Group Pvt. Ltd.,
    18. KPMG, Building No. 10,
    19. McKinsey & Company,
    20. Quality Council of India.

    The schemes include:

    Broadcasting Sector

    Prasar Bharati

    a) Grant in aid to Prasar Bharati
    b) Grant in aid to Prasar Bharati for Kisan Channel

    Film Sector

    i)  Infrastructure Development Programme relating to Film Sector
    a)  Upgradation, modernisation and expansion of CBFC and certification process
    b)  Upgradation ofSiri Fort Complex
    c)  Upgradation of building infrastructure of Films Division
    d)  Grant-in-Aid to FTII – U pgradation and Modernisation ofFTll
    e)  Infrastructure development in SRFTI
    ii) Development Communication & Dissemination of Filmic Content a)  Promotion  of Indian  cinema  through film festivals and film markets in India and abroad
    b)  Production of films and documentaries in various Indian languages
    c)  Webcasting of Film Archives
    d)  Acquisition of archival films and film material
    iii)National Film Heritage Mission
    iv) Setting up a Centre of Excellence for Animation, Gaming and VFX (NCoE)

    Information Sector

    i)   Media Infrastructure Development Programme
    a)  Revamping & Restructuring of DA VP
    b)  Modernisation of PIB
    c)  Opening up of New Regional Centers of IIMC
    d)  Revitalisation, upgradation and modernisation of Publications Division and Employment News
    e)  National Centre of Photography and Special Drive for North Eastern States
    f)   Strengthening of RNT Headquarters

    ii) Development Communication & Information Dissemination
    a)  People’s Empowerment through Development Communication (Conception and Dissemination)
    b)  Media Outreach Programme and Publicity for Special Events
    c)  Direct Contact Programme by Directorate of Field Publicity
    d)  Live Arts and Culture
    e)  Social Media Platform

    Also read:

    MIB scheme evaluation: Tenders invited from Chrome DM, IMRB & Nielsen etc

    Tenders invited for agency to evaluate MIB schemes in information, broadcasting and films

     

     

     

  • Phonographic Digital will license & collect fees from telcos & streaming services

    MUMBAI: Significant change is afoot in the Indian music industry. Almost unnoticed, a new organisation has cropped up to licence and collect fees from the various telcos and streaming services. Called the Phonographic Digital Ltd (PDL) it was incorporated in March 2017, just as the financial year was coming to a close, with its registered office in Kolkata.

    Earlier, the Phonographic Performance Ltd (PPL), which was headed by Vipul Pradhan as its CEO, was mandated to assign licences on behalf of its Indian label members to the various telecom operators such as Airtel, JioMusic, Idea, Vodafone, and streaming services and collect royalties from them.

    The PPL will continue as in the past to be a collection organisation for public performance of sound recordings from establishments, events and radio.

    Read the full report here:

    Indian music industry sets up PDL, a new association for telco licensing

  • Govt submits amended NSP in SC, Sun TV Red FM case adjourned

    MUMBAI: The apex court of India has adjourned Rajya Sabha MP Subramanian Swamy’s plea on national security that challenged Sun TV being allowed to participate in FM Radio auction.

    SC has asked  the central government to give Swamy the amended National Security Policy (NSP) in a week. Swamy had sought cancellation of Phase-3 licence granted to Sun TV’s Red FM India. A bench comprising chief justice of India JS Khehar and Justice DY Chandrachud directed the government counsel to provide Swamy the new NSP.

    Swamy had stated in the plea that ministry of information and broadcasting (MIB) had, despite the opposition of home ministry, favoured Sun TV by allowing it to participate in FM Radio auction citing CBI and Enforcement Directorate cases against the main Sun TV promoter Kalanithi Maran in Aircel-Maxis case, Indian Legal Alive reported.

    Swamy has filed a petition seeking consistent and uniform policy on national security. It contented that national security should be bereft from arbitrariness. At the same time, he said it should not be contradictory in nature.

    On 7 July, additional solicitor-general Rana Mukherjee filed in the apex court in a sealed cover a revised policy on national security. Swamy submitted a letter written by union minister Arun Jaitley and former attorney-general of India to the government.

    The court read those letters and asked the government to provide Swamy a copy of the revised policy. The court will resume the hearing the case after a week.

    Questioning the maintainability of Swamy’s petition, the government counsel also said the NSP was framed in June 2015, and amended in December 2015, Live Law reported.

    According to the Constitution, Swamy argued, only the home ministry had the power to take a decision on national security and the MIB should not interfere. He alleged that the MIB’s decisions were arbitrary and the licence to any TV or radio should be cancelled on grounds of national security.

    Also Read :

    Delhi HC rules in favour of Sun TV chief Maran

    Saregama & Kumkum Bhagya prop Zee TV to third place across genres

    Amagi to provide ad solutions to Sun TV Network

  • IIS overhaul & DD RNUs to focus on regional infra & local content

    NEW DELHI: Information and broadcasting minister M Venkaiah Naidu has urged the regional news framework to focus on local content, development and bottoms-up approach.

    He said the emerging information flow should aim at transformative and emerging New India with effective communication outreach. The GST and Swachh Bharat campaign were classic examples of communicating reforms and seamlessly reaching out to the common man about the benefits of such flagship initiatives of the Government.

    Inaugurating the Doordarshan Regional News Unit (RNU) workshop here, he said the strategy of Doordarshan should be founded on three pillars of authenticity, objectivity and timely dissemination of information. Objectivity in news and information dissemination was critical for people to understand and pursue issues.

    The Regional News Units (RNUs) played a critical role in a linguistic and culturally diverse country like India, catering to local aspirations and addressing communication needs thereby bringing out a synergy in Government communication.

    The Minister emphasised that the communication outposts to reform mindsets, enhance administrative performance and transform nation through the broadcast of success stories which had significant impact on the lives of the local people fell on the RNUs.

    RNUs telecast a total of about 146 daily news bulletin in 23 languages for a cumulative duration of more than 30 hours daily.

    He added that the RNUs need to work in collaboration with the state governments to bring about transformation in the emerging New India and perform proactively the responsibilities of a public broadcaster. He also called upon the participants to focus on innovative thinking, out of box ideas, new methods involving technological tools and a foresight to understand the changing media landscape.

    Speaking on the media and entertainment Industry, Naidu said the industry is on the cusp of a strong phase of growth, backed by rising consumer demand and improving advertising revenues.

    He also highlighted the Government’s push towards Cable digitisation as well as the role of free to air (FTH) DTH platforms like Doordarshan FreeDish in plugging the gap between premium DTH and low quality Cable market.

    Naidu said the Ministry was in the process of bringing out a bringing about a complete overhaul in the Indian Information Service Cadre in line with the changing information and communication paradigm. The focus would be shifting towards strengthening of the regional infrastructure and personnel to fulfill the communication and information needs of each and every section of the society across the country.

    Naidu also complimented the officials for their efforts while launching the new website of DD News on the occasion.

    A presentation on the functioning of the RNUs was earlier made by DG News Veena Jain highlighting the mandates and achievements of the RNUs. The presentation also provided an insight into the future roadmap for the RNUs.

    MoS Rajyavardhan Rathore, Prasar Bharati Chairman A Surya Prakash, Ministry Secretary N K.Sinha, and Prasar Bharati CEO Shashi S Vempatii were also present on the occasion.

    Also Read :

    MIB minister cautions against unlicensed TV channels

    DD committed to truthful information & wholesome entertainment: Naidu

  • MIB minister cautions against unlicensed TV channels

    NEW DELHI: Minister for Information and Broadcasting M Venkaiah Naidu while cautioning against transmission of unauthorized TV channels in the country said that content generation in local languages and dialects was important to reach out to communicate with people.

    Adopting innovative ways and leveraging new media in information dissemination was necessary to keep pace with the changing communication paradigm, the Minister stated Thursday while chairing a review meeting of regional media units of MIB.

    Stressing upon the need to ensure effective implementation of Cable TV Act in order to restrict airing of objectionable content and unauthorized channels, the Minister urged Union territories to appoint nodal officers to assist local administrators in this regard.

    During the review meeting, Naidu announced that the All India Radio would be commissioning of two new shortwave solid state digital transmitters of 100 kw power each for dissemination of content across the border for Afghanistan- Pakistan region by the end of August 2017. The transmitters shall be installed in Delhi.

    Those who were present during the meeting included junior MIB Minister Col. Rajyavardhan Rathore, Andaman & Nicobar Islands LG Jagdish Mukhi, MIB secretary N K Sinha and representatives from UTs.

    Also Read:

    Report illegal TV channels, Govt alerted 

    ‘Inappropriate content’ on TV & radio to be regulated

    127 channels violating 12 min/hr ad-cap rule, TRAI releases details

  • Great Place To Work Institute ranks Radio City among India’s Top 3 media firms

    MUMBAI: Radio City, a part of Music Broadcast Limited (MBL), has emerged as a leader in the ‘India’s Best Companies To Work For – 2017’ study.

    Radio City has had a consistent presence in the list and the inclusion of Music Broadcast Ltd., has earned the radio network the coveted position for the 6th year. The list places Music Broadcast Ltd. amongst the top three media firms and top 50 companies overall in India.

    Conducted by Great Place To Work Institute, the study measures employee experience and evaluates the people practices of participating organizations to arrive at the final list of companies.

    Known for its employee-centric practices and policies, Music Broadcast was especially called out for its ‘Cheers to Peers’ programme. This allows the employees to recognize a colleague who has helped them complete a challenging assignment. As a part of this activity, employees get to present a ‘Cheers to Peers’ card, in front of a large audience, to a co-worker from their own department or another, in order to recognize his or her efforts. In addition to this, the radio network follows a culture deeply entrenched in its core values that seeks to enhance employee engagement and satisfaction.

    Radio City 91.1 FM CEO Abraham Thomas said, It is a perfect blend of culture and process orientation that has helped Radio City retain its leadership position year after year.”

    Radio City 91.1 FM chief people officer Sagorika Kantharia said, “Our culture and value system allows our employees to innovate, grow and become leaders in their own right. Initiatives such as ‘Cheers to Peers’, Ring Aloud and Star and Sher of the month help us promote the spirit of unity while at the same time recognising individuals for their extraordinary work.”

  • Delhi HC rules in favour of Sun TV chief Maran

    MUMBAI: In a civil suit filed by south Indian media baron and Sun Group chief Kalanithi Maran and his airline firm Kal Airways, the Delhi High Court dismissed the plea of SpiceJet against a single-judge order that directed it to deposit Rs 579 crore in relation to a share transfer conflict. Sources told Financial Express that SpiceJet will move the Supreme Court against the HC order.

    The petitioner had sought issuance of stock warrants in SpiceJet to them as per a sale purchase agreement (SPA) of 2015 which had led to the transfer of ownership of the budget carrier to SpiceJet promoter Ajay Singh. The single bench’s order had been pronounced last year on the ivil suit filed by Maran and Kal Airways, the erstwhile owner of SpiceJet, PTI reported.

    The high court on Monday asked SpiceJet to deposit in court a part of the amount in the form of bank guarantee by July-end, and the remainder to be paid in cash by August end.

    Maran and Kal had charged that despite giving Rs 579 crore to SpiceJet, the carrier had failed to issue them the warrants or allot tranche one and two of Convertible Redeemable Preference Shares and that the funds were not utilised for paying statutory dues owing to which they were also facing prosecution.

    Singh had co-founded SpiceJet in 2005, but sold his majority stake to Maran for Rs 750 crore in 2010. But, when the carrier ran into trouble, Singh came on board by acquiring 58 per cent stake from Marans in January 2015.

    A division bench headed by justice S Ravindra Bhat stated: “Although we do not find merit in the appeal and have dismissed it, we have passed an order modifying the impugned order,” adding “there is nothing worthwhile” in the airline’s plea to show its finances were precarious or that its cash position was so stretched that it cannot comply with a single-judge order to deposit the amount. “There is neither reference to any figure or amount, nor reliance on any balance sheet, nor even the income and expenditure statement of the company, to say that compliance with the impugned order would irreparably injure it.”

    “The court notices that the nearly 18 month pendency of this appeal, and the non-compliance with the impugned order (of single judge), has aggrandised the appellant (SpiceJet), which was to have the benefit of the amounts. “If there were any difficulties, this interregnum period would have helped it considerably tide over its affairs and certainly afforded time to organise it better and in a more orderly fashion to comply with the order,” the bench said while dismissing the appeals.