DoT’s claim for ₹469.09 million in unpaid licence fees was rejected as NCLAT upheld the NCLT-approved resolution plan for Rolta India.
The National Company Law Appellate Tribunal (NCLAT) has dismissed the Department of Telecommunications’ (DoT) appeal against the approved resolution plan for Rolta India Ltd, ruling that the insolvency process has already been completed and the plan implemented.
The DoT had challenged the resolution plan approved by the National Company Law Tribunal (NCLT), seeking recovery of ₹469.09 million (approximately $5.4 million) in statutory dues related to unpaid licence fees.
A three-member bench of the appellate tribunal upheld the order passed by the Mumbai bench of the NCLT, which had approved Ashdan Properties’ ₹900-crore ($103.5 million) resolution plan for Rolta India on December 15, 2025.
In its order, the NCLAT observed that since the resolution plan had already received approval and had been implemented, there was no basis to interfere with the process.
Rolta India, once a prominent multinational technology and IT solutions provider, entered insolvency proceedings after defaulting on its financial obligations. The approved resolution plan paved the way for Ashdan Properties to acquire the company as part of the corporate insolvency resolution process.
With the dismissal of the appeal, the tribunal has reaffirmed the validity of the approved resolution plan, bringing further clarity to the long-running insolvency proceedings.
