Aircel IndiaInactive

https://www.aircel.com/
https://www.linkedin.com/groups/101864/

Revenue

Founded

1999

Headcount

Headquarters

India

Primary Segment

Ownership

Privately Owned

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Apr

22nd

2026

08:09

Bankruptcy

Aircel Case: SBI Moves Supreme Court to Review Spectrum Insolvency Order – Outlook Business

The State Bank of India (SBI), acting on behalf of lenders to the bankrupt Aircel Group, has approached the Supreme Court. The bank is seeking a review of the apex court's February 13 judgment that barred telecom spectrum from being treated as a transferable asset under insolvency proceedings, according to multiple reports.

Outlook Business

Apr

7th

2026

18:30

Bankruptcy, B2B Tag

Rs 97,545 Cr Claims under Aircel IBC

Six Indian banks have lost more than Rs 44,223 Cr of “admitted claims” after they refinanced the debt of Aircel group’s companies that provided telecom services in India till March 2018. State Bank of India took massive hit of Rs 21,381 Cr, followed by Punjab National Bank (Rs 8,821 Cr), Bank of Baroda (Rs 6,134 Cr), Canara Bank (Rs 5,667 Cr), Syndicate Bank (Rs 1,227 Cr), and J&K Bank (Rs 993 Cr).

Telecomlive India

Mar

8th

2026

18:30

Bankruptcy, Regulatory and Legal

Supreme Court Aircel verdict to impact IBC recoveries for creditors in telecom, mining and infra companies

Creditors under the Insolvency and Bankruptcy Code(IBC) have received a fresh jolt by way of a recent Supreme Court verdict, which could impact future bankruptcy cases involving companies from sectors such as telecom, mining, airline and Infrastructure.

MSN India

Mar

4th

2026

20:23

Bankruptcy, Regulatory and Legal

DoT seeks Attorney General’s opinion on AGR dues of Reliance Communications, Aircel

The Department of Telecommunications is seeking crucial legal advice on the Adjusted Gross Revenue dues owed by defunct telecom operators Reliance Communications and Aircel. This follows a definitive Supreme Court ruling on February 13, 2026, that classifies telecom spectrum as public property, unequivocally barring its transfer or sale under the Insolvency and Bankruptcy Code.

Communications Today

Mar

4th

2026

18:30

Bankruptcy, B2B Tag

DoT seeks legal clarity on dues of insolvent telcos

New Delhi: The (DoT) has sought around adjusted gross revenue (AGR) dues of companies such as (RCom) and Aircel, currently going through insolvency proceedings, following a recent that ruled spectrum cannot be transferred or sold by these companies.

The Economic Times

Mar

3rd

2026

18:30

Bankruptcy

DoT seeks legal clarity on dues of insolvent telcos

ET Bureau Published On Mar 4, 2026 at 07:47 AM IST New Delhi: The department of telecommunications (DoT) has sought legal clarity around adjusted gross revenue (AGR) dues of companies such as Reliance Communications (RCom) and Aircel, currently going through insolvency proceedings, following a recent Supreme Court order that ruled spectrum cannot be transferred or sold by these companies.

ET Telecom

Feb

25th

2026

18:30

ED presents sanction order to prosecute P. Chidambaram in Aircel Maxis case in special court

Social News XYZ

Feb

20th

2026

02:50

Regulatory and Legal

Spectrum allocated to Telecom Service Providers cannot be subjected to proceedings under IBC

State Bank of India Vs Union of India & Ors (Supreme Court of India) Supreme Court held that Spectrum allocated to Telecom Service Providers [TSPs] and shown in their books of account as an “asset” cannot be subjected to proceedings under Insolvency and Bankruptcy Code, 2016 [IBC].

Tax Guru

Feb

16th

2026

08:03

Bankruptcy, B2B Tag

Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC: CESTAT [Read Order]

In a recent ruling, the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chennai Bench held that service tax demands stand extinguished following the approval of a Resolution Plan by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) The appeal was filed by appellant, Aircel Ltd, challenging service tax demands raised against it.

Taxscan

Feb

16th

2026

06:59

Bankruptcy, Corporate Restructuring, B2B Tag

Spectrum Ownership Rights for Telecom Service Providers

Judgement I. Introduction 1. The question for our consideration is whether telecom service providers (TSPs), called upon to pay the license dues by the Department of Telecommunication (DoT) can invoke moratorium on the basis of voluntary corporate insolvency resolution process under Insolvency and Bankruptcy Code, 2016 (IBC) for restructuring of their assets.

Supreme Court Observer

Feb

15th

2026

22:19

Funding Activities, Bankruptcy, Regulatory and Legal

SC spectrum ruling likely to weigh on IBC recovery from Aircel, RCom

The Supreme Court’s ruling that spectrum allocated to telecom service providers cannot be treated as a corporate asset capable of being restructured under the Insolvency and Bankruptcy Code (IBC) is expected to impact recoveries from the insolvency proceedings of Aircel and Reliance Communications (RCom), bankers said.

Communications Today

Feb

14th

2026

06:45

Bankruptcy

Supreme Court Rules Spectrum Is Not A Corporate Asset Under IBC; Says Accounting Entry Cannot Confer Ownership On Telecom Operators

Introduction The Supreme Court has held that mere accounting treatment of telecom spectrum as an “intangible asset” in the financial statements of telecom service providers (TSPs) does not bring such rights within the framework of the Insolvency and Bankruptcy Code, 2016 (IBC).

Legal Era Online

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Aircel IndiaInactive

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