DoT set to cancel Reliance Communications licence over payment default

The Department of Telecomm­unications (DoT) is inching towards cancellation of the telecom licence of the Anil Ambani firm — Reliance Commu­nications (RCom) — over payment default.

It is learnt that a show cause notice would be issued to the company, according to procedure, before moving ahead with the cancellation of licence.

According to an official, clauses under the license agreement empower the government to terminate the licence of the company.

Earlier this month, the company's resolution professional had informed the National Company Law Tribunal (NCLT), Mumbai, that RCom's insolvency process would be ruined if their licence is cancelled by the