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Supreme Court: Telcos Do Not Own Spectrum

SUPREME COURT HOLDS TELECOM SERVICE PROVIDERS DO NOT OWN SPECTRUM Why in the News? Landmark Verdict: Supreme Court ruled that telecom service providers do not own spectrum, excluding it from insolvency proceedings under IBC. IBC Clarification: Court held that spectrum cannot be treated as an asset for liquidation or resolution under the Insolvency and Bankruptcy …

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