Steel Wars and Telecom's Forgotten Provisions

Plenty to catch up following Supreme Court's marathon run of closing corporate matters. 

 

We however focused our energies deconstructing

 

  • The ongoing stress affecting India's telecom sector. Translation: AGR dues
  • The 1st major settled case under the nation's nascent bankruptcy law i.e. ArcelorMittal acquiring Essar

 

With 10 of the 15 telcos liable to the government (post SC's judgement) no longer in existence, the former can hardly be considered as "settled". And the corporate drama accompanying the latter can make your streaming service blush. Enough said. Tune in! 

FIN.

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