RComAircel merger: NCLT overrules DoT

MUMBAI: The National Company Law Tribunal (NCLT) in the order admitting Reliance Communications Ltd (RCom)’s petition for merging its wireless division with Aircel Ltd overruled the Department of Telecommunication’s objections that the Supreme Court had restrained Aircel from selling and trading 2G spectrum allotted to it in 2006. It however, said DoT can take its own view when the merger comes to it for approval.