- Fashion TV working on India linear, SVOD launch by 2018-end
- Baggage tow tractor rams into Air India plane at IGI
- Reliance says Jio to turn profitable 'shortly'
- Presence of outsider in Talwars' flat cannot be ruled out: HC on Aarushi case
- Gauri Lankesh murder: Suspects' sketches released but SIT has nothing else
TDSAT directs ABS to pay dues to Star at Rs 40 CPS
MUMBAI: The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has directed Atul Saraf-promoted ABS Entertainment to pay its outstanding dues to Star India at the rate of Rs 40 cost per subscriber (CPS) for both general entertainment and sports channels.
The dues will be for the period between 1 April and 9 November 2014. The tribunal has also asked ABS to pay Rs 10 lakh (Rs 1 million) within one week from the passing of the order (24 December).
It has also asked the parties to reconcile their accounts, and has given ABS six weeks to clear the dues arrived at on that basis.
While disposing of the petition, the tribunal has asked Star not to give effect to its disconnection notice. Incidentally, the broadcaster had issued a disconnection notice to ABS on 5 December.
The dispute between the two parties stemmed primarily from the issue of rate at which outstanding dues should be paid for the period between the expiry of previous agreement and the execution of the new RIO-based agreement.