Financial Daily from THE HINDU group of publications
Saturday, Aug 23, 2003

Port Info

Group Sites

Info-Tech - Telecommunications

TRAI sets 60 days for deposit refund after disconnection

Our Bureau

New Delhi , Aug. 22

THE Telecom Regulatory Authority of India (TRAI) has set a timeframe of 60 days for service providers to refund the security deposits after disconnection by the subscribers.

According to an official statement, this follows several complaints from subscribers stating that service providers are taking a long time to refund security deposit after disconnection of the telephone.

"The authority examined the issue and discussions were also held with telecom operators. It also considered the prevalent Department of Telecommunication (DoT) norms regarding the time frame for refund of security deposit. After due consideration of all the relevant facts, it has decided a time frame of 60 days within which service providers shall effect refund of the security deposit after adjustment of dues, if any, from the subscribers. The authority has also decided that the service providers shall pay interest at the rate of 10 per cent annum for the delayed period beyond 60 days", the statement notes.

Article E-Mail :: Comment :: Syndication

Stories in this Section
STPI to showcase Mangalore as another BPO destination

Outsourcing is absolute strategic necessity: Premji
BSNL forging ahead in South
BPL, Hutch in pact for MMS
TRAI sets 60 days for deposit refund after disconnection
AirTel service in Dindigul
Testing hi-tech laptop?
Cadence pips Infy in best employer race: Survey
`Indian IT can aid Taiwan growth'
More Polaris options forfeited in 2002-03
Licences mooted for Internet cafes
Spam protection from Trend Micro
Sobig, so potent, say affected corporates

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line