Ucn Cable Network Pvt. Ltd. v. Sai Prasad Media Pvt. Ltd.
Case brief
What is this about?
The Bench adjudicated a broadcasting petition filed by UCN Cable Network Pvt. Ltd. for recovery of outstanding dues from Sai Prasad Media Pvt. Ltd. due to defaults on channel placement agreements. The petition was allowed based on documentary evidence and the respondent's non-appearance.
What did the court decide?
Respondent to pay outstanding dues of Rs. 67,21,500/- with interest at 8% from 28.8.2015 within eight weeks from the date of the order.