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TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL

NEW DELHI

Dated 9^th January 2023

Broadcasting Petition No. 739 of 2020

Den Networks Limited

…Petitioner

Vs.

Lakshmi Gold Khazaanaa Pvt. Ltd.

…Respondent

BEFORE:

HON’BLE MR. JUSTICE RAM KRISHNA GAUTAM, MEMBER

For Petitioner

:

Mr. Vibhav Srivastava, Advocate

For Respondent

:

Mr. Anil C. Nishani, Advocate

JUDGMENT

1. This Petition, under section 14 read with 14A of Telecom Regulatory

Authority Act, 1997 (hereinafter called as ‘TRAI Act’), has been filed by

Petitioner- DEN Networks Ltd. against Respondent- Lakshmi Gold Khazaanaa

Pvt. Ltd. with a prayer for order to Respondent to make the payment for a

sum of Rs. 4587591/- (Rupees Forty Five Lacs Eighty Seven Thousand Five

Hundred and Ninety One only), due as on 31.01.2019, towards placement

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charges, along with pendentelite and future interest at the rate of 18% per

annum, from the date of invoices, till the actual realization and other relief,

which this Tribunal deems fit.

2. In brief, the contention of Petition is that Respondent-Lakshmi Gold

Khazaanaa Pvt. Ltd. is a broadcaster and it entered in an agreement with

regard to placement of their