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SBI, Centre clash in SC over whether spectrum can be sold in insolvency(Soban News)

Arguing in the Aircel spectrum ownership case, SBI said that spectrum is an intangible asset that can be monetized for creditors’ recovery, while the government maintained it belongs to the state and held in trust for the public, not subject to the Insolvency and Bankruptcy Code.

​Arguing in the Aircel spectrum ownership case, SBI said that spectrum is an intangible asset that can be monetized for creditors’ recovery, while the government maintained it belongs to the state and held in trust for the public, not subject to the Insolvency and Bankruptcy Code. by Soban News (international And National News)

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